Temporary Storage Facility (TSF)

Subsidy

A sum of money granted by a state to support an industry or business. The primary form of subsidy that TSS users can claim is de minimis aid, using a customs duty waiver. Please see the definition of de minimis aid above for further information.

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Substantial transformation

Goods whose production involved materials from more than one country, are considered to originate in the country where the most recent substantial or sufficient transformation occurred. For instance, goods being converted from one commodity code to another.

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Transit Guarantee

A Transit Guarantee is a financial security that is activated if the goods are lost during movement or discharged incorrectly. If activated, the customs authorities in the country of transit will call on the declarant to pay any import VAT, customs duty and other charges. For further information, please refer to the Transit Guide.

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TRACES NT

TRACES NT is the European Commission’s online platform for sanitary and phytosanitary certification required for the importation of animals, animal products, food and feed of non—animal origin and plants into the European Union, and the intra—EU trade and EU exports of animals and certain animal products.

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Supplementary Declaration

The Supplementary Declaration follows the Simplified Frontier Declaration as part of the TSS simplified declaration journey. It requires a full data set and is completed after the goods movement. It closes the customs journey and enables the payment of any required customs duties or other taxes. Submission of the Supplementary Declartion is required by the

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Trading Standards

Trading Standards are the local authority departments that enforce consumer protection legislation.Trading Standards are the local authority departments that enforce consumer protection legislation.

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Sterling

British currency (GBP) — Sterling is the unit of currency of the United Kingdom.British currency (GBP) — Sterling is the unit of currency of the United Kingdom.

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