Inward Processing Relief (IPR) is used to obtain relief from customs duties and import VAT on goods that are imported from outside the EU for processing. The basic principle is to allow UK exporters to be more competitive by reducing their processing costs. Processes that are permitted under IPR include manufacturing, sorting and packing, repair and refurbishment.
Since the inception of the Union Customs Code (UCC) in UK in May 2016 the operation and procedural requirements of IPR were significantly modified. The customs procedures known as "Processing Under Customs Control" was incorporated into IPR and this removes the automatic obligation to export for those that are authorised under the new rules.
The UCC reduced the number of qualifying imports under the old "Simplified" IPR regime to 3 per year and requires those traders who wish to exceed this limit to seek an authorisation. If a trader does not have Authorise Economic Operator (AEO) status fiscal guarantees will be required to cover potential customs debt.
Those traders with current IPR authorisations may continue to operate under the old rules until expiry. They will then be required to re-authorise under the new rules. Any new applications will be assessed under the new rules. Many traders are seeking to re - authorise prior to expiry because they perceive trading advantages under the new rules.
Customs impose strict obligations to comply with the IPR procedures, and those traders that are not AEO accredited will have to complete a self assessment questionnaire when seeking authorisation to show that they have robust compliance procedures in place.
This half day training course will examine the principles and terminology of IPR and some of the options available within IPR. It will consider the methods of operation and compliance with Customs requirements
Reasons for using IPR
Conditions for using IPR
Effects of The new Union Customs Code
What constitutes a "process"
Application for Authorisation Form SP3
Options available within IPR
The Combined Customs Guarantee
The Self Assessment Questionnaire
Roles of Agents, Carriers and Forwarders
The Customs Declarations
Customs Procedure Codes
Bills of Discharge
Who should attend?
Those new to IPR
Those who wish to re - authorise under UCC conditions
Experienced staff who wish to update their knowledge with latest procedures
Those responsible and concerned with their company's compliance procedures
Cost and Availability
For public course fees and schedule please see listings on course schedule page. We would be pleased to quote for in company delivery. Please contact us for a quotation
Make an enquiry
Thank you for your enquiry, we will contact you shortly
Business Training (UK) Limited - Registered in England and Wales No. 7665321 Registered Address: 303 Goring Road, Worthing, West Sussex, BN12 4NXContent Managed by Business Training (UK) Website Design & Hosting by Scaws