EU ICS2 and GB S&S Covered: ENS in 90 Seconds
Entry in the Declarant’s Records (EIDR) is a simplified customs procedure that allows authorised economic operators to declare specific products on their premises or at an allowed location. When the declaration is lodged, customs authorities must access the relevant information, including a minimal number of data items.
Once the goods are recorded in the declarant’s records, they are considered released. Following this, a supplementary declaration containing all the data is provided. The initial and supplementary declarations together form a single, effective instrument as of the date they are entered into the records.
Congratulations! This indicates that you have a well-established trade compliance procedure. Ongoing vigilance and expertise are necessary to achieve and maintain 100% compliance. Despite having comprehensive trade compliance knowledge, navigating the intricacies of import/export regulations can be difficult. Thus, consider getting assistance from industry leaders like iCustoms to serve as your reliable partner throughout the procedure.
Oh, that is alarming! Your answers show that you have some serious mishaps in your trade compliance policies. Reach out to iCustoms to cope with all the issues, whether it be unclear records, missing documents, or lack of established protocols, saving you from fines and penalties during an audit.
You’re halfway there! This figure demonstrates that you have the basic trade compliance procedures in place, but it still needs to be improved. iCustoms can assist you with clear agreements, easy documentation, HS code verification, or any other issue you may face.
Solid progress has been made! It is evident from your response that you have a stable grasp of important areas of compliance. However, there could be some other areas requiring additional attention, which may be internal audit procedures, anti-dumping duties, or others.