Ad valorem

Customs Duty is usually based on the customs value of goods and is usually calculated according to the value — ’ad valorem’ in Latin. This means that a tax will be charged by applying a rate (i.e. percentage) on the value of the goods. Most goods are taxed in this way, although sometimes different criteria […]

Bunker refers to fuel used by vessels, planes and other conveyances. Carriers may typically charge a Bunker Surcharge over and above standard freight rates, in order to compensate for frequent fluctuations in the cost of fuel as an alternative to constantly adjusting freight rates. Surcharges may be in the form of a percentage of the

Border Force is a law enforcement command within the Home Office. It secures the UK border by carrying out immigration and customs controls for people and goods entering the UK. For further information, please refer to GOV.UK.

A bonded warehouse (also known as customs warehouse) is a building, or other secured area in which dutiable goods may be stored, manipulated, or undergo manufacturing operations without payment of duty. The suspension of duties under this type of building requires an authorisation by custom authorities. For further information, please refer to GOV.UK.

A legal document between the shipper and a transportation company that confirms the terms of a contract under which freight is to be moved by sea between specified points for a specified charge. It must be signed by an authorised representative from the carrier. It acts as a receipt for goods shipped and identifies the

ALVS confirms compliance between the requirements of other government agencies and control bodies within NI, TRACES NT pre—notifications, and TSS declarations. It tracks declarations and NI control bodies clearance decisions for movements of goods that are subject to SPS controls, including products of animal and plant origins. For further information, please refer to GOV.UK.

The C2001 application form is used to make a voluntary disclosure of underpayments arising on the import of goods. For further information, please refer to GOV.UK.