FOREIGN TRADE CONSULTANCYProcurement agency in Turkey

Turkey, Marmara Region, Istanbul - view exact location

Product Information

Order volume from: On request

Delivery terms: Pickup

Description

Product Description: Transit Procedure and its Role in the Customs IndustryThe transit procedure plays a crucial role in the customs industry, facilitating the smooth transfer of goods across borders without the burden of import taxes. It enables goods to be transported through customs areas while under customs surveillance until they reach their final destination customs department. From there, the goods can be seamlessly transitioned to the next customs event, such as release into free circulation, inward and outward processing, or customs warehousing.One of the significant advantages of the transit procedure is that it allows for the shipment of goods based on simplifications, known as PP. This simplifies the process and reduces the administrative burden for businesses involved in cross-border trade.To ensure the efficient execution of the transit procedure, various parties need to fulfill their responsibilities. First and foremost, the carrier plays a crucial role by accurately completing a CMR (Consignment Note), which includes details of the package's destination and the final beneficiary. Additionally, the carrier should provide a customs invoice for the goods and any other required accompanying documents, such as a veterinary certificate, phytosanitary certificate, or security document.Another key party involved in the transit procedure is the freight forwarder. Their responsibilities include carefully checking all the necessary documentation, preparing transit documentation, and providing the required forms for inspections, such as veterinary, phytosanitary, or health inspections.In summary, the transit procedure serves as a vital mechanism in the customs industry, facilitating the movement of goods across borders while under customs surveillance. Its advantages include the ability to utilize simplifications and the seamless transition of goods to their destination customs department. By fulfilling their responsibilities, carriers and freight forwarders ens.

Price on request
Jeremy Joined since July 2023 Online 4 July 2023