Minimising Duty Cost
Customs duties are a bottom line cost. Once paid, generally, they cannot be recovered. We work with clients to so that they do not incur unnecessary duties and that they maximise the benefits from the numerous relief schemes available for their raw materials, products and capital equipment.
Below, we have included links to various Webpages where you will find information on strategies and procedures to minimise your duty cost.
Compliance Support
The role played by the customs authorities has changed in recent times. Traditionally their focus was on physical checking and documentary controls at the point of import and export. Now their emphasis is on audit based controls with retrospective reviews of traders' accounts, records and returns. Therefore, if problems arise, it is possible, because of the intervals between audits that any libilities and non-compliance issues can lead to significant retrospective exposures to duties, interest and possibly penalties.
We aid companies to develop their in-house procedures to forstall potential audit problems, we advise on compliance with the documentary information requirements of the customs authorities. We also assist companies in preparing for and managing audits and help in their negotiations with the authorities should issues arise.
For information on areas of interest:
