Import From China Business
A practical guide for starting a small business
2010-
Real Experiences!
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What’s New!
China Imports
February 2012
Costume Jewelry
December 2011
Bamboo Towels
November
2011
Bamboo Flooring
November 2011
China Economy
November 2011
Ivory
October 2011
Wigs
October
2011
Drop Ship
September 2011
Photography Equipment
September 2011
Medical Supplies
September
2011
Ginseng
August 2011
Acupuncture
August 2011
Chinese Tea
August 2011
Chinese Herbs
August
2011
Trade Leads
August 2011
China Adoption
July 2011
UK Imports
UK Imports -
UK imports played an integral role in the formation of the British Empire for centuries. International trade resulted in British explorers discovering and claiming many parts of the world for the British Empire. This part of UK’s history is significant in that it influences UK Business Culture even today. As the explorers continued to move across the globe to create the British Empire, foreign business people reciprocated by conducting UK Business Travel to get a glimpse of what the mother homeland has to offer.
Evaluate the UK Industry and look for import opportunities. Pay particular attention to Fashion UK or UK Shoes as import opportunities. The ports in UK have played a major role in international trade. They facilitate the movement of goods in and out of UK by Shipping UK.
To understand UK Imports requires the importer to be familiar with formation of the European Union (EU). The United Kingdom (UK) is a member of the EU. Its 27 members collectively develop and manage import export policies in favor of the EU. Within the UK, the government department of HM (Her Majesty) Revenues & Customs controls the imports and exports in and out of the UK based on the EU regulations.
Westminster Abbey -
Photos: Flower by the Talbot -
UK Imports Procedures Overview
The goods brought into the UK from another EU member country are called acquisitions.
The products brought into the UK from a non-
The UK Importing Process for goods from countries outside of the EU can be broken down in 5 steps:
- Declaration
- Physical & Document Checks
- Simplified procedures and Duty Reliefs
- Pay Duties
- Clearance Check
UK Imports Procedures in Detail
Declaration
- Complete an Import Declaration using form C88 (Single Administrative Document -
SAD) . - This document is used to make declarations on imports from third countries.
- The importer needs to provide the Commodity Code and the Customs Procedure Code.
- The Commodity Code and the Customs Procedure Code will determine how the goods are treated and the amounts of duty to be paid.
- The Commodity Code is a 10 digit number corresponding to a product description. The Customs Procedure Code describes the purpose of your imports. It gives the Customs an idea about the duty to be paid.
- You will also need an Economic Operator Registration Identification (EORI) number to process your declaration.
Physical & Document Checks
- HM Revenue & Customs conducts an audit of the submitted documentation to ensure that it is complete and it is not fraudulent.
- Imported goods are selected for physical checks through the automated the CHIEF system (Customs Handling of Import and Export Freight). This system analyses the goods against risk profiles.
- The detection officer also examines the manifest, scanner and cargo information. Customs Examiners are also looking for illegal goods such as counterfeits and endangered species.
Simplified Procedures and Duty Reliefs
- There are certain customs procedures that the importer can undertake to reduce, delay or eliminate the amount of duty to be paid (relief of duty, suspend of duty or repayment of duty).
- For instance, you can store your goods in a customs warehouse. Duties are to be paid
only when the goods leave the warehouse. Reliefs or refunds are given under certain
circumstances such as when the imported goods are for export or re-
export.
Pay duties
- As an importer of goods from a non-
EU member nation, you will need to pay VAT (Value added tax) and duties. - From your commodity code, the customs officer will be able to apply the correct duty and VAT rate.
- Your amounts will be calculated based on the value of your declared goods as stated in the SAD. You may qualify for Import Preference which is a reduced or zero import duty rate under certain import schemes.
Clearance check
- Once duties are paid on your imported goods, they are cleared and you may take possession of them.
