A1-2 Financial Securities and Notice 102 General Guarantee
Accounts. For security that will be required for goods listed in
Annex 44C of Regulation 2454/93
IPR101800.
In all other cases where security will be a condition of
authorisation, it can be provided by cash deposit or guarantee and
must be sufficient to cover the full customs charges potentially
due.
NIRU should always be informed to prevent the authorisation
holder using the simplified authorisation procedure to bypass the
security requirement.
Steps can be taken to ensure that any entry using a
simplified authorisation will also subject to security or a local
profile could be set against the traders TURN and Simplified
authorisation CPCs to stop usage. Where security is required, entry
declarations must be accompanied by a valuation statement in order
to verify the amount of security provided.
A specimen letter for requiring security is at IPR450200.
For details about setting up an individual guarantee or guarantee
account contact :
National Import Duty Adjustment Centre
Custom House
Furness Quay
Salford
M50 3ZZ
Tel: 0161 261 5508
Fax: 0161 261 5530
