ePoint customs authorisation offers users multiple benefits

HMRC has granted ePoint Medway Customs warehouse status with approval to operate the critical CFSP regime, simplifying the import process, providing cash flow benefits and tax-free sales into the EU.

Customs Freight Simplified Procedures (CFSP) allows the accelerated and immediate
removal of shipments from the port of arrival, avoiding delays and the need for paperwork to accompany the shipment.

With ePoint Medway you can use CFSP in combination with normal entry and warehouse procedures to suit the changing needs of your business.

CFSP offer multiple benefits including:

• Faster release of goods from Customs at point of import
• Declaration and warehouse procedures that match the needs of your business
• Improved cash flow
• Ship qualifying product to EU duty free*
• Pay duty and Import VAT at time of use
• Electronic submission declarations

With ePoint you can store imported goods VAT and Duty free, until you sell product, or you select the release date (and therefore the tax point date) at the most convenient time for your business.

*The EU has trade deals with over 50 countries. If you import goods from an origin that has an FTA with the EU and hold them at ePoint, you can export them to the EU duty-free at a time of your choosing.