Irish Customs Declarations: What You Need to Know in 2024
Irish Customs Declarations: What You Need to Know in 2024 Ever transported goods via Ireland’s borders? Knowing Irish Customs Declarations is essential whether you’re a seasoned trader or a newbie in the field. It is essential to guarantee a seamless and legal procedure. This guide is your all-in-one resource for navigating the rules in 2024, especially in light of the most recent modifications that could affect your import/export declaration experience. We will cover everything you need to move your goods quickly and without unnecessary delays. Why understand the Ireland Customs Declaration process? Ireland is very important to the international trade landscape. According to a study, “Ireland is the 10th largest source of imports and the fourth largest export market for the UK. This profound trade relationship is highlighted by the fact that Northern Ireland exports 41% of its goods to the Republic of Ireland, a figure that is significantly higher than the UK’s overall 8%.” However, since the UK’s exit from the EU, the landscape of Irish customs has changed dramatically. With the information from this blog, you’ll be able to handle these changes and make sure that your import/export process runs smoothly and legally in 2024. What are customs declarations and why do we need them? A customs declaration is a record that explains to Irish Revenue what products you are importing or exporting from the country. It enables them to determine any necessary duties or taxes by providing information on the kind, value, and origin of the items. Following the correct declaration processes can avoid delays and possible penalties. What do you have to declare at customs in Ireland? Declarations come in two primary categories: Declarations of commerce: Any company that imports or exports goods must have these. In the following situations, a commercial declaration is necessary: You are shipping items to Great Britain (England, Scotland, and Wales) from Ireland. You are bringing products into Ireland from outside the EU.You’re shipping products through Northern Ireland, where Brexit-related regulations apply. Declarations for Travel: These are usually used for carrying personal items when you travel. Cash over €10,000 or products subject to duty or restriction may need to be declared. Major Modifications Implemented in 2024 The following explains the significant modifications to Irish Customs Declarations that were implemented in 2024: New obstacles for Irish goods travelling to the UK There were less strict regulations for goods travelling directly from Ireland to Great Britain prior to January 31st, 2024. Now, there are more stringent protocols are in effect. The imported or exported goods must be fully declared in customs, including information about origin and duty rates. Compared to the prior system, this may introduce an additional layer of complexity to the process. The changing terrain in Northern Ireland The Customs Declaration Service (CDS) went live in Northern Ireland on March 24, 2024. This implies that companies moving products between the EU, the UK, and Northern Ireland will have to use the new method for their declarations. Businesses used to outdated procedures may need to make some adaptations in order to fully utilise the streamlined, centralised CDS platform. What information do Irish customs declarations require? The following information is needed for a full declaration: EORI Number: All companies engaged in customs operations must have this special identification number. You can apply for an EORI number on the Revenue website. Commodity Code: This code identifies the goods you are declaring. You can use iCustom’s iClassification tool to find the correct code. Source of the Goods: Information about the country that created the products. Worth of the Goods: Declare the products’ value at the time of import or export. Duty Rates: There may be duties associated with the items, depending on where they came from. Use iCustoms’s AI-driven iCalculator to find the right duty and taxes. Essential Records: For some things (like food items), further documents, such as invoices, certificates, or permits, could be required. How to declare goods under Irish customs? The three methods for submitting an Irish Customs Declaration are broken down as follows: Revenue Online Service (ROS) ROS is the most practical choice for a simple declaration. The Irish Revenue provides a user-friendly online system where you can electronically submit all the information required for your items. Customs agent or broker Employing a certified customs agent can save your life, particularly in circumstances where complexity is involved. These experts can manage the complete customs declaration process for you and have an extensive understanding of customs laws using AI-driven Customs Declaration Software (CDS). This frees up time and resources, which can be especially useful for businesses that import or export goods on a regular basis. Declaring in the port Usually, this approach is applied to specialised or infrequent situations. You might be allowed to declare your products right at the port of entry or departure in certain circumstances. It’s crucial to remember that this might not always be possible and that there might be additional paperwork or waiting periods involved. Recommendation for complex scenarios: Getting stuck in customs declaration is quite common, particularly when complex duty calculations and strict trading laws are involved. Thus, it is strongly advised to get expert help from a customs expert if you are unclear about the process; one such platform is iCustoms, which uses AI-driven software to navigate through the whole procedure. With their experience, you can reduce the possibility of shipment delays or problems by ensuring your declaration is correct and comprehensive. Additional things to consider for Irish importers and exporters Tax and duty implications: Determining the accurate amount of taxes and duties on imported goods is essential for successfully passing through Irish customs. In some cases, the Irish Revenue provides some duty relief, so make sure to look into those possibilities. Sanitary and phytosanitary (SPS) requirements: Certain goods such as animals, plants, or food items may need special inspections. In this case, make sure you abide by applicable SPS guidelines established by the Department of Agriculture, food, and Marine (DAFM). Penalties for
HS Code Lookup Made Easy: Save Time and Money on International Shipments
HS Code Lookup Made Easy: Save Time and Money on International Shipments Global trade offers multiple exciting opportunities for businesses to expand their customer base and reach. Imagine a scenario where you have landed a huge international deal, and your goods are ready to be shipped, but then you find yourself struggling with shipping rules. A question arises here: How do you navigate the world of complex customs and border rules without any delays or god’s seizures? The answer lies in the simple yet powerful tool: the HS code lookup tool. Using the wrong HS codes can account for significant customs delays, impacting your customer satisfaction and overall outcome. The costly consequences of wrong HS codes A study by Jay Group states, “22% delays at customs can be caused by harmonised system (HS) code error”. This figure emphasises that incorrect HS codes for imports and exports can contribute greatly to the bottlenecks faced by traders during global trade. Let’s eliminate this hassle with a harmonised code lookup tool and make your international trade more smooth. Keep reading for in-depth information. Understanding HS code An HS code (harmonised system) is a globally recognised nomenclature developed by the World Customs Organisation. This standardised system of numbers and names for classifying importing and exporting goods allows all trading countries to be on the same page. Customs officials use this code to classify goods and determine the correct duties and taxes to be paid for traded goods. Each HS code comprises up to 10 digits and is used for all UK import and export declarations. Moreover, it is also required for international trading documents such as Packing lists Invoices Certificates of origin Letters of credit Struggling to find the right HS code for your products? Experience hassle-free HS code identification and reduce the risk of penalties with iClassification! Learn More HS code structure The HMRC HS codes system employs a hierarchical structure to categorise globally traded goods. This approach helps with more efficient customs clearance and guarantees that trade policies are applied consistently. Let’s understand the structure of commodity code: Chapter (2 digits) There are a total of 99 chapters that make up a harmonised system of tariff and trade, and each chapter represents a wide category of goods. These 2 digits provide an overview of the type of the products. Examples: Chapter 84: Represents Mechanical appliances, machinery, boilers, nuclear reactors, etc. Chapter 2: Meat and edible meat offal Heading (4 digits) Each chapter is further subdivided into headings, which denote more specific product categories within the larger chapter categorisation. Headings are represented by four digits. It provides a more detailed summary of the goods that are included in the package. Example: An example of this can be seen in Heading 02.01 of Chapter 2 (Meat and Edible Meat Offal), which states that “Meat of Bovine Animals, Bone-In.“ Sub-heading (6 digits) Headings are further broken into subheadings, which provide the highest detailed level of product classification under the HS code system. Subheadings are comprised of six digits. The subheadings provide the most accurate identification of the particular items being sold. Example: In continuation of the previous example, the subheading 0201.10 is particularly focused on “Carcasses and half-carcasses of bovine animals, bone-in.“ Why do you need an HS code? When importing goods into the UK, you will be charged duties at customs, which are calculated based on the value of your products. HMRC requires you to submit the correct commodity code for your goods in order to classify the products and give an accurate duty rating. Thus, it is crucial to find the right HS customs code for your goods. If you declare your products incorrectly, they may be held by customs, and you will face significantly higher costs than if you declared them correctly. Importance of correct HS code in international trade The importance of commodity code classification, can not be denied in international trade, it plays the following roles: Accurate VAT and duty calculation: The HS code is used to determine the applicable Value-Added Tax (VAT) and duty rates for your goods. This ensures that you pay the appropriate amount on your taxes. Navigate licencing requirements: Certain products require particular import/export licences. The HS code makes it easier to identify such requirements for smooth clearance. Assess duty suspension: It is possible that certain goods may be eligible for duty suspension or restriction under the Free Trade Agreement (FTA). Locating the right HS code makes it possible to investigate such prospective advantages. Avoiding inaccurate interest payments: A precise classification guarantees speedy clearance through customs and prevents the imposition of unnecessary interest charges. Saving time: Using accurate HS codes helps to speed up the process of clearing customs, which in turn helps to avoid delays and ensures that your goods reach their destination in a timely manner. Mitigate risks of seizure: Knowing that HS codes are erroneous can reduce the likelihood of a product being seized by customs authorities. Proper classification reduces these risks to a minimum. HS code lookup: Finding the right HS code for your goods Know your goods Knowing your goods inside and out is the first step in importing or exporting them. Take into account the following things: Product’s characteristics Key components that make up the product The functionality of the goods Packaging specifications of the goods Any unique technical characteristics How it is produced Make advantage of iCustoms’ HS Code Lookup Tool: This process is made easier using iCustoms’ user-friendly HS code lookup tool. This is how to use it: Go to the HS code lookup tool named iClassification, on the iCustoms website. Add pertinent product information, such as the material, functionality, and any special characteristics. Based on the information you provide, the tool will return a list of possible HS codes. Get accurate HS codes in seconds with iCustoms! Simplify customs clearance and ensure compliance. Learn More! Staying updated on HS codes with iCustoms HS codes for customs undergo revisions and updation periodically depending on the changes
