Customs Freight Simplified Procedures (CFSP) is an electronic, streamlined method of reporting import and export movements of customs goods to customs.
The key benefits of CFSP include:
Faster customs clearance
Potential absolute costs from the greater automation of customs declarations
They facilitate other duty relief and planning regimes including ensuring goods can be released from customs warehousing etc., without prior approval from HMRC
Greater transparency and control of your customs function
Businesses must obtain prior approval to operate CFSP and this includes establishing and maintaining proper customs controls (similar to AEO and SAO) and documenting procedures.
Customs planning involves:
Applying for and obtaining the right type of authorisation
Setting up robust systems that meet any conditions of the relief
Ensuring that any partners meet their necessary obligations
Putting in place controls to show you all your obligations are met and the level of any benefits
Proper disclosure and project management should speed up the implementation process and keep set up costs down.
"Rob explains clearly, and gets on with people. He isvery constructive and pragmatic. His loyalty to thereds is admirable, if misguided. One of my favouriteScousers!"
Nick Mallett, Partner DHM Stallard
"I have worked with Rob on complicated HMRC issues. Aswell as direct assistance, Rob has provided excellenttraining for operational staff. I recommend ITS."
G. Mitchell, Senior Operations Manager EPSON
"Rob has provided customs advice on many occasions,always demonstrating deep knowledge of his subject tohelp the business mitigate its duty liabilities."
Stuart Reid, Financial Director Komatsu UK
"ITSs experience and knowledge has ensured projectswere completed with a favorable result."
K R Maddison, Financial Controller Bard Limited
"ITS helped us to reach a successful conclusion when HMCustoms tried to reject our proposed changes by usingtechnicalities."
D. Suddens, Finance Manager Blanc Aero Industries UK Ltd
"ITS have highlighted significant cost savingopportunities."
CW Winter, Financial Controller Special Metals Wiggin Ltd.
"ITSs broad knowledge of Customs has proved invaluable"
D. Widdowson, Director of Financial Accounting Croda Chemicals Europe Ltd
