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The New Customs Declaration Service (CDS). Navigating the CDS Tariff Caroline Wilkins HMRC. Overview. UCC Alignment CDS Functionality & Making Tax digital CDS Tariff & Tariff Navigation Terminology & other Key changes Additional Information required under CDS. Strategic Alignment.
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The New Customs Declaration Service (CDS) Navigating the CDS Tariff Caroline Wilkins HMRC
Overview • UCC Alignment • CDS Functionality & Making Tax digital • CDS Tariff & Tariff Navigation • Terminology & other Key changes • Additional Information required under CDS
Customs Declaration Service A Comprehensive Trade Environment Log on through Gov.uk CDS
Data Element 6/15 Commodity Codes
Navigating CDS Volume 3 – Import Declaration Completion Guide
CDS redefines commercial relationships & additional information is required D.E Group 3 People
Additions Deductions Valuation Value declared = Net price in currency of invoice (price paid or payable) + Additions – Deductions
Useful Information • GOV.UK • How to prepare for CDS - guidance for what businesses need to do to prepare • https://www.gov.uk/guidance/how-hmrc-will-introduce-the-customs-declaration-service • Navigating CDS Volume 3 Import Tariff • https://www.gov.uk/guidance/how-to-navigate-the-customs-declaration-service-cds-tariff-declaration-completion-rules • Sign up for Import and Export Email alerts • https://www.gov.uk/topic/business-tax/import-export