The Control and Facilitation of Imports

The Control and Facilitation of Imports
Author :
Publisher : The Stationery Office
Total Pages : 52
Release :
ISBN-10 : 0102954275
ISBN-13 : 9780102954272
Rating : 4/5 (75 Downloads)

Book Synopsis The Control and Facilitation of Imports by : Great Britain. National Audit Office

Download or read book The Control and Facilitation of Imports written by Great Britain. National Audit Office and published by The Stationery Office. This book was released on 2008 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: HM Revenue & Customs clears most imported goods quickly, and processes for submitting customs declarations and payments for non-EU imports are straightforward. The rate of physical checks at the UK border is below the EU average, however, and the number of audits of traders has dropped substantially since 2005-06. Ninety-nine per cent of declarations are processed electronically and 90 per cent of goods are cleared immediately. The Department checks documents for about 6 per cent of imports each year and aims to clear 95 per cent of these within two hours. However, a recent quality review by the Department found an 18 per cent error rate in these checks. The Department has only recently standardised the reporting of physical checks, and these reports suggest that between 2 and 3 per cent of imports get checked (The EU average is 9 per cent). The Department needs to improve its reporting, develop a standard for the minimum level of checking and undertake testing to understand compliance levels. Audits of traders fell by half for large businesses and two-fifths for small and medium businesses between 2005-06 and 2007-08. The additional revenue from this compliance work is reducing while the level of errors detected is rising, particularly among new traders. For small and medium sized businesses, the level of errors detected has increased from 32 to 39 per cent. The fragmented management of customs activities within the Department, a lack of clear accountability, and incomplete management information have hindered effective oversight of its performance and risk management.


The Control and Facilitation of Imports Related Books

The Control and Facilitation of Imports
Language: en
Pages: 52
Authors: Great Britain. National Audit Office
Categories: Business & Economics
Type: BOOK - Published: 2008 - Publisher: The Stationery Office

DOWNLOAD EBOOK

HM Revenue & Customs clears most imported goods quickly, and processes for submitting customs declarations and payments for non-EU imports are straightforward.
Compendium of Trade Facilitation Recommendations
Language: en
Pages: 88
Authors: United Nations Conference on Trade and Development. Secretariat
Categories: Business & Economics
Type: BOOK - Published: 1994 - Publisher: New York : United Nations

DOWNLOAD EBOOK

Trade Facilitation
Language: en
Pages: 177
Authors: Patricia Sourdin
Categories: Political Science
Type: BOOK - Published: 2012-01-01 - Publisher: Edward Elgar Publishing

DOWNLOAD EBOOK

'In the last decade trade costs have been a subject of intense study in the international trade literature. Richard Pomfret and Patricia Sourdin provide a timel
Export and Import Management
Language: en
Pages: 336
Authors: Aseem Kumar
Categories:
Type: BOOK - Published: 2005 - Publisher: Excel Books India

DOWNLOAD EBOOK

Export and Import Management is a well researched student friendly book that proposes to fill the gap between theory and practice for young managers aspiring fo
Importing Into the United States
Language: en
Pages: 0
Authors: U. S. Customs and Border Protection
Categories: Education
Type: BOOK - Published: 2015-10-12 - Publisher:

DOWNLOAD EBOOK

Explains process of importing goods into the U.S., including informed compliance, invoices, duty assessments, classification and value, marking requirements, et