- HM Revenue and Customs (HMRC) has announced a phased approach for businesses transitioning from the Customs Handling of Import and Export Freight (CHIEF) to the Customs Declaration Service (CDS) for exports.
- The first phase will support selected high-volume declarants to move to CDS by 30 November 2023, while the second stage will see all other businesses move to CDS by 30 March 2024.
- This approach will enable HMRC and delivery partners to undertake additional performance analysis while businesses migrate, and better support export declarants during the transition.
- Declarants who can move to CDS by 30 November 2023 will be contacted by HMRC or their software developer in September.
- The AFSS, BIFA, and AICES have expressed their support for the revised timescales and stakeholder engagement.
- More information about using CDS is available on GOV.UK.
Source gov.uk
Latest Posts in "United Kingdom"
- UK VAT Threshold Debate: Growth-Boosting Increase or Revenue-Raising Decrease at Autumn Budget?
- Chancellor Proposes Raising VAT Registration Threshold to £100,000 to Boost UK Economy
- ICS2 Implementation for Northern Ireland: Transition Details and Support for Carriers by HMRC
- FTT Rules Ferrero’s Nutella Biscuits Not Partly Chocolate-Covered, Zero-Rated for VAT
- HMRC Wins Upper Tribunal Case Against Mini Umbrella Company Fraud, Tightens Compliance Rules
