Under UCC (Union Customs Code), a CCG (Customs Comprehensive Guarantee) is required to apply for any new HMRC Authorisations allowing the entry of goods under a duty deferred customs procedure such as Customs Warehouse.
To get a CCG, you need to:
- be established in the EU
- have no serious or repeated infringements of customs or tax rules
- have no record of serious criminal offences related to your business activities
From acceptance of your CCG application, HMRC has up to 120 days to approve the CCG. As of 6th November 2018, 120 days for the actual approval to be granted would take us to 6th March 2019, not taking into account the time required to prepare the application and for HMRC to issue the initial acceptance.
Upon receipt of CCG, the new HMRC Application for the duty deferred regime would require to be submitted. This can then take up to 60 days for HMRC to approve. Taking the submission date as the 6th March 2019, 60 days for the actual authorisation approval to be granted would take us to 5th May 2019.
As UCC transitional arrangements are expected to expire on 29th April 2019, this would result in companies potentially having to duty pay at import due to authorisations not being in place by the end of the transitional deadline.
Are you ready?
For more information or for support with CCG applications, get in touch with us today.