Frequently Asked Questions – ICLS F.A.Q. What is Customs Clearance? Customs Clearance is the required process for recording the arrival and departure of goods as they enter or exit a country. Customs Clearance involves calculating the VAT and duties that may be due on those goods and following the correct procedure to have the goods […]

Frequently Asked Questions - ICLS

F.A.Q.

Customs Clearance is the required process for recording the arrival and departure of goods as they enter or exit a country. Customs Clearance involves calculating the VAT and duties that may be due on those goods and following the correct procedure to have the goods enter or exit the country lawfully.

All goods that are shipped internationally must pass through Customs before they are allowed to enter or exit a country. This includes any goods sent by sea, air, or land. After your goods are Customs Cleared and released you will be furnished with Customs Documents to confirm all Customs Duties and Taxes have been paid and your goods can proceed to their destination.

A Customs Agent assists in the process of Customs Clearance of goods entering or exiting the country. If you are importing or exporting goods for sale, it is advisable to have a Customs Broker prepare your paperwork to ensure that your shipment will be granted access into the jurisdiction. Not following the correct procedure will result in your shipment being held up and delayed, with the possibility of fines or additional Duty Charges and potentially your goods being seized by Customs.

With over 30 years’ experience, Independent Customs & Logistics are experts in Customs Brokerage. In our experience, it is preferable to nominate one Customs Broker to handle your Customs Clearance needs. This way we can better understand your business and thereby help to correctly classify your goods to the correct Customs Duty Code. Goods incorrectly classified could mean you are paying excess Duties but conversely it could also mean you are underpaying your Duty liability, and this will lead to Revenue Fines, Penalties and Interest Charges on ALL under declared Duties and when Revenue discover these discrepancies they can conduct audits that can go back 3, 5 and even 10 years.

In the event of a Customs Inspection, you need only contact us for all the relevant paperwork, and we will be alongside you at your premises when the Revenue Officers are conducting the audit.

 

 

“DDP”Delivered duty paid (named place of destination) means that the seller fulfils his obligation to deliver when the goods have been made available at the named place in the country of importation. The seller has to bear the risks and costs including duties, taxes and other charges for delivering the goods to that point cleared for importation. If the seller is unable directly to obtain an import licence (if required) the term should not be used. Whilst the EXW term represents the minimum obligation for the seller DDP represents the maximum obligation.

“DDU”

Delivered duty unpaid…(named place of destination) means that the seller fulfils his obligation to deliver when the goods have been made available at the named place in the country of importation. The seller has to bear the risks and costs of carrying out clearance through customs although the buyer has to pay any additional costs incurred by delays in clearance caused by him.

“CPT”

Carriage paid to (named place of destination) means that the seller pays the freight for the carriage of the goods to the named destination. The buyer should note that all risks for loss or damage to the goods transfer to him/her when goods are handed over into the custody of the carrier.

On of 1 January 2021 Brexit began, the process of importing a vehicle from the UK into Ireland became complicated. From finding the right vehicle to completing all of the background history checks, and completing the customs declaration, plus paying the correct customs duties and levies, to source the right information get in touch with us at ICLS  for expert services. Additionally you can find detailed information provided on our website. 

All vehicles imported from the UK into the Republic of Ireland are now subject to Value-Added-Tax (VAT). Previously, vehicles imported from the UK into Ireland were subject to VAT provided they were considered to be new (less than six months old at the time of registration) and have accumulated less than 6,000 km. As of March 2021, current VAT rates in the Republic of Ireland are 23%

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