Import glossary

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Expand All

  • Air waybill - An air waybill is a receipt issued by the air carrier of the goods. It obliges the carrier to carry the goods to the port of destination, according to specified conditions. It is a document of title, which proves ownership, and is non-negotiable.

 

Add information

 

Back to top

  • C88 – also known as the Single Administrative Document (SAD) or Import entry form. Please click here to see how each box on the import entry is used. This document is completed by the freight forwarder at the port and has a unique reference number which identifies the import.
  • Certificate of Origin (CoO) - A certificate of origin is a signed statement guaranteeing the origin of the export item. Certificates of origin are usually validated by a chamber of commerce in the UK. Origin can also be documented as a stamp on an invoice.
  • CFSP number (Customs Freight Simplified Procedure) – this is a procedure used by large importers to help them clear their goods quickly. The University is not authorised for this process.
  • COD (Cash on Delivery) – couriers/freight forwarders may ask for cash upon delivery to pay for Import fees. The University does not exchange cash on goods being delivered. Please ensure the freight forwarder’s duty deferment account is used and the freight forwarder is made aware that the University is using postponed VAT accounting.
  • Commodity code – please see Tariff code.
  • CPC code (Customs Procedure Code) – CPC codes are reported on the C88/Single Administrative Document (SAD)/Import entry form by the freight forwarder, some of which need prior NIRU approval as these are used for duty relief. Please see our CPC webpage for more information.

 

  • Deferment account – The University does not have a deferment account but where we are the Importer of record, import duty is paid when the goods enter the UK, using our freight forwarder’s duty deferment account.
  • E2 – or Import Entry Acceptance Advice - When an import entry is successfully committed, an acceptance response will appear on the screen and an entry acceptance advice (output E2) will be produced. This advice will contain details of:
    • date and time of entry acceptance
    • entry number and consignment details
    • details of value, duty and other charges
  • EIDR - Entry in the Declarant's Records is a simplified procedure. Under this procedure, an economic operator may be authorised to enter certain goods to the customs import procedure at their premises or another approved location. The University is not authorised for this procedure.
  • EORI number - or Economic Operator Registration and Identification number - All businesses within the EU need an EORI Number when importing or exporting any commercial cargo. Documentation for any goods moving into or out of the UK will need it. The University's EORI number is GB 125 5067 30 065.

 

Add information

 

Back to top

Add information

 

Back to top

Add information

 

Back to top

  • Import Entry Acceptance Advice – please see E2.
  • Import entry form – please see C88.
  • Incoterms - Incoterms are a set of rules which define the responsibilities of sellers and buyers for the delivery of goods under sales contracts. They are the terms of trade that are used for imports. More details of Incoterms can be found in our Internal Import guidance.
  • Intrastat – Intrastat is the system for collecting statistics on the trade in goods between European Union (EU) member states. The supply of services are excluded from Intrastat. This will only continue to be relevant until 31 December 2021.

 

Add information

 

Back to top

Add information

 

Back to top

Add information

 

Back to top

  • MRN (Movement Reference Number) - is the replacement for the EPU/Entry No./date on CDS (Customs Declaration Service). It is made of 18 numbers / letters: the first 2 are the year, then country and then 14 randomly generated numbers & letters. This is displayed on the Postponed VAT Accounting statement.
  • NIRU (National Imports Relief Unit) – We need to seek NIRU approval to obtain certain reliefs reported under specific CPC codes. NIRU will issue a certificate which should be given to the freight forwarder ahead of import. The University has a blanket approval for certain imports

Add information

 

Back to top

  • Postponed VAT Accounting (PVA) – The University is using Postponed VAT Accounting. Please state our EORI number GB 125 5067 30 065 when declaring this. Duty is paid at the port but the import VAT is postponed and sent to the Tax team in a monthly statement to be paid on the University VAT return.

Add information

 

Back to top

Add information

 

Back to top

  • Single Administrative Document (SAD) – please see C88.
  • Tariff code - A tariff, or commodity code or HS code, is a unique number that’s assigned to every product type imported into the UK. This is 8 digits in length. The same code is used in all countries of the world to the first 6 digits so it’s relatively easy to find out the import duty for your goods. This should be provided by the supplier.
  • Trade Tariff – You can use this tool implemented by Customs to look up VAT and duties that will be due on imported goods if there is no relief. Please budget for the VAT and duty shown if you are unsure if certain goods will qualify for relief. Please contact the Tax team if you think your goods may qualify for relief.

 

Add information

 

Back to top

Add information

 

Back to top

Add information

 

Back to top

Add information

 

Back to top

Add information

 

Back to top

Add information

 

Back to top