Glossary

Businesses manage two types of risk: the risk of non-compliance with legal requirements; and the risk to miss out to acquire competitive advantage (by not utilising legal possibilities).

A compliance management framework is a single operating framework that integrates the principal elements of customs risk and compliance management.

Customs duty is a tax imposed on goods upon their entry (import) or exit (export) from the customs territory. There are several types of customs duties.

Customs are primarily responsible for the supervision of international trade. Customs controls are acts performed by Customs to ensure compliance with the legislation governing the entry and … exit of goods from and to customs territory.

Customs status means the status of goods as Union or non-Union goods. Union goods can be moved within the EU without any customs formalities, which is not the case for non-Union goods.

Economic Operators Registration and Identification (EORI) number is a unique identification number assigned by Her Majesty’s Revenue and Customs (HMRC) to an economic operator or to another person … in order to track and register customs information in the United Kingdom of Great Britain and Northern Ireland (UK).

ATA Carnet is used for the temporary export, transit and temporary admission of goods for specific purposes, e.g. for displays, exhibitions and fairs, as professional equipment and as commercial … samples.

ATA is an international customs system that provides for the application of the procedure for the temporary admission of goods into the territory of the participating countries free of duties … and taxes and without providing additional guarantees to customs authorities.

Common transit is a customs procedure for transporting goods between the EU and common transit countries, and between common transit countries themselves. These are the countries that have signed … the Convention on a common transit procedure: the EU Member States, the United Kingdom, the EFTA countries (Iceland, Norway, Liechtenstein and Switzerland), Turkey, the Republic of North Macedonia and Serbia.

AGRIM import licence/ AGREX export licence is an electronic or paper document of a specific period of validity entitling the holder to import/ export certain agricultural products. To exercise … this right, the licence must be submitted together with a customs declaration.

Common Health Entry Document (CHED) is a mandatory document in the EU for safety controls when importing animals, products of animal origin, products of plant origin, as well as feed and food … products.

Binding tariff information is an EU customs decision on the tariff classification of goods. It provides importers and exporters with legal certainty as to the correct classification of their … goods and can be sought before importing or exporting goods.

Carnet de Passages en Douane, or CPD, is the international customs document that covers the temporary admission of motor vehicles to the territory of a state.

Consular stamping requirements mean the procedure of obtaining from a consul of the importing country in the territory of the exporting country, or in the territory of a third country, a consular … invoice or a consular visa for a commercial invoice, certificate of origin, manifest, shipper's export declaration or any other customs documentation in connection with the importation of the good.

Restrictions are specific requirements or conditions that are mandatory for the import or export of certain goods. Prohibitions mean inadmissibility, exclusion of the possibility to import or … export goods.

Rules of preferential origin are an essential element of preferential trade agreements. They define the conditions under which a product is regarded as originating and can benefit from lower … rates of duty upon importation in the country of destination.