Planning Ideas

Procedure

Planning regimes and procedures allow for:

• delaying of duty payments
• significant cashflow benefits
• reduction of duty payments
• removal of duty liabilities

Examples of regimes and procedures:

• Customs Freight Simplified Procedures (CFSP)
• Simplified Import VAT Accounting (SIVA)
• Customs Warehousing
• Inward Processing Relief (IPR)
• Outward Processing Relief (OPR)
• Processing under Customs Control (PCC)
• Return Good Relief (RGR)
• Temporary Importation (TI)