If you want to import (or acquire) goods, there are systems and paperwork you'll need to understand before you start. These differ depending on what type of goods you're trading in, and whether the goods originate from inside - acquisitions - or outside the European Union (EU) - imports. HM Revenue & Customs (HMRC) requires that traders who import goods submit certain documents and keep good records. If you know which documents you'll need to help you trade you'll avoid misunderstandings, save money and avoid delays getting your goods cleared. You may also want to consider whether an agent can make these declarations on your behalf.
Declarations - documents for importing
One of the most important documents required to record the movement of your goods is the Single Administrative Document (SAD) or form C88. The SAD is used throughout the EU to make declarations on goods being imported from third countries (those outside the EU). SADs can be submitted either manually or electronically, although manual submissions may well take longer to process. You can register for electronic declarations via the Government Gateway website.
Read about import declarations in our guide on importing your goods from outside the European Union.
If you acquire goods from another EU member state, for example France, you may need to complete a monthly Intrastat Supplementary Declaration. If you are VAT registered and the annual value of your EU acquisitions exceeds the annual Intrastat threshold/s of £600,000 for Arrivals and £250,000 for dispatches in 2010 - you must provide information relating to your EU acquisitions on an Arrival Intrastat Supplementary Declaration.
Systems for submitting documents
It is to your advantage to properly submit and store documents - and familiarise yourself with the electronic system in use by HMRC - as doing so will reduce the amount of time you spend on electronic and/or paper processes.
HMRC uses a computer system called Customs Handling of Import and Export Freight (CHIEF). This system allows direct access for the electronic processing of import and export declarations, and is used for import duty calculation and clearance of consignments. In the UK all customs declarations, even those made with paper documents, are processed by HMRC through the CHIEF system.
To make a customs declaration and clear your consignments through CHIEF, your business must have an Economic Operator Registration and Identification (EORI) number.
Commodity Codes are ten-digit codes used on the SAD to classify the type of goods being imported so that Customs can apply the correct rates of duty. Customs Procedure Codes (CPC) describe the purpose of the import - for instance, if the goods are being used as samples or are part of a consignment for sale.
If your third country imports have to transit through the EU or the European Free Trade Association (EFTA) states, you'll have to be familiar with Community/Common Transit, a procedure which allows goods not in free circulation to move within the EU while the payment of any customs duty or other charges is suspended. It's mandatory also to submit these declarations electronically on the New Computerised Transit System (NCTS).
Authorised Economic Operator (AEO) status
If you trade within the EU as part of an international supply chain and are actively involved in customs operations you can apply for AEO status. The AEO certificate is an internationally recognised quality mark which tells people that your customs controls and procedures are efficient and compliant and that you can be considered a secure and reliable trading partner in the supply chain.
AEOs may benefit from simplifications provided for under the customs rules, or from facilitations of customs controls relating to security and safety.
Product Model | Inside Diameter | Outside Diameter | Thickness |
23264EK NACHI | 320 | 580 | 208 |
22264EK NACHI | 320 | 580 | 150 |