Non—preferential origin

Non—preferential origin

Non—preferential origin confers an ’economic nationality’ on goods. It is used for determining the origin of products subject to all kinds of commercial policy measures (such as anti—dumping measures and quantitative restrictions) or tariff quotas.

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New Computerised Transit System (NCTS)

The New Computerised Transit System (NCTS) is a system of electronic declaration and processing that traders must use to submit Common Transit declarations. You can also use NCTS to submit Transports Internationaux Routiers (TIR) declarations electronically if you’re in Northern Ireland. For further information, please refer to GOV.UK.

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ISO country codes

The International Organisation for Standardization (ISO) sets out internationally recognised codes, designated to each country and most dependent areas. ISO country codes define two— or three—letter abbreviations for countries. The ISO code for the UK is GB. ISO codes can be found on GOV.UK.

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Legalisation

A term used in conjunction with certificates of origin, particularly for shipments to destinations in the Middle East. A certificate of origin (and/or other documents) may have to be legalised (certified) by a representative of the destination country, usually the embassy in the country of export. Legalisation is an additional form of verification over and

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Less than Container Load (LCL)

When goods are shipped by container (see above), a shipper may not have enough cargo to fill a container. Less than Container Load (or LCL) services are operated by carriers or forwarders to cater for such shippers. LCL operators will receive small shipments from multiple shippers at receiving depots in the country of export, and

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Letter of credit

A letter of credit is a written undertaking given by a bank to pay the seller (the beneficiary) an amount of money within a specified time, provided that the beneficiary presents specified documents that are in compliance with the terms of the letter of credit. This lowers the risk of non—payment of the import or

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Licences

Some goods require export and/or import licences, like certain military, paramilitary, dual—use goods and technology, artworks, plants and animals, medicines, or chemicals. Exporting or importing controlled goods without the right licence is a criminal offence. For further information, please refer to the Controlled Goods Guide.

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Lodged

In order to comply with the legal obligations and to place goods under a customs procedure, a customs declaration needs to be lodged. The declaration should be lodged with the customs office where the goods were or will shortly be presented.

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