Customs Freight Simplified Procedures (CFSP) is a system used by the European Union (EU) to streamline the customs clearance process for goods entering or leaving the EU. It allows authorised economic operators (AEOs) to clear their own goods through customs using simplified procedures, rather than having to go through a traditional customs clearance process. This can save time and money for businesses, and also helps to increase security and control over the movement of goods across EU borders. CFSP is available for both import and export procedures.

CFSP Simplified For You!

The Customs Freight Simplified Procedures (CFSP) provides two procedures for submitting import declarations, namely the Simplified Declaration Procedure (SDP) and Entry in the Declarant’s records. These procedures can be combined to facilitate the importation of goods. The process of submitting import declarations under either CFSP procedure involves two stages:

The first stage involves the submission of a minimum amount of data to customs for the release of goods.
The second stage involves the submission of supplementary declarations containing full fiscal and statistical data by a specified deadline.

Know more about CFSP and apply here.

What is Simplified Declaration Procedure (SDP) and Entry in the Declarant's records?

The Simplified Declaration Procedure (SDP) and Entry in the Declarant’s records are two procedures provided by the Customs Freight Simplified Procedures (CFSP) for submitting import declarations.

The Simplified Declaration Procedure (SDP) is a simplified process for the clearance of goods that allows for the submission of a minimal amount of data to customs for release of goods. This procedure is intended for low-risk consignments and is typically used for goods that are not subject to excise duty or VAT.

The Entry in the Declarant’s records, also known as an “entry in declarant’s records for home use”, allows the declarant or their agent to submit a simplified declaration, and to keep records of the declaration and the supporting documents. This method is intended for low-risk consignments, and it allows for the goods to be released for free circulation in the EU.

Both SDP and Entry in the Declarant’s records are intended to facilitate the importation of goods and reduce the administrative burden for businesses by simplifying the documentation requirements, while ensuring compliance with customs regulations and fiscal requirements.

What are the specifications of CFSP?

Customs Freight Simplified Procedures (CFSP) has several specifications that authorised economic operators (AEOs) must meet in order to qualify for the program. Here are some of the main specifications:

AEO status: To participate in CFSP, a business must have AEO status, which is granted by national customs authorities after the business has demonstrated compliance with certain security and safety standards.

Self-assessment: CFSP allows AEOs to clear their own goods through customs using simplified procedures. This means that they are responsible for self-assessing the compliance of their goods with EU regulations, and for ensuring that all relevant customs declarations and other documentation are accurate and complete.

Risk management: CFSP requires AEOs to have robust risk management systems in place to ensure compliance with EU regulations. This includes systems for identifying and managing risks related to security, safety, and the environment.

Continuous compliance: To maintain their AEO status, businesses must demonstrate continuous compliance with EU regulations and the terms of their CFSP authorization. This includes regular audits and inspections by national customs authorities.

Authorised consignee/consignor: AEOs must be authorised consignee/consignor and have the authorization for the specific procedures they want to use.

IT systems: AEOs must have IT systems in place that can interface with the national Customs IT systems to transmit and receive electronic declarations and other data.

Security and safety: AEOs must have appropriate security and safety measures in place to protect their facilities and cargo.

Overall, CFSP is a system that aims to streamline the customs clearance process for goods entering or leaving the EU by allowing authorised economic operators to clear their own goods through customs using simplified procedures. It is designed to reduce the time and cost associated with traditional customs clearance processes while increasing security and control over the movement of goods across EU borders.

Why CFSP (Customs Freight Simplified Procedures) is needed for customs declaration?

CFSP (Customs Freight Simplified Procedures) is needed for customs declaration because it streamlines the process of clearance for goods being imported or exported. It allows for simplified procedures for the submission of declarations and reduces the administrative burden on businesses by simplifying the documentation requirements. This results in faster clearance times and reduced costs for businesses, as well as increased efficiency for customs authorities.

Additionally, CFSP procedures also help to ensure compliance with customs regulations and fiscal requirements, while facilitating trade and promoting economic growth.

So get your journey started and book a demo.

And your questions are welcomed at info@icustoms.ai

About iCustoms

iCustoms is an all-in-one solution helping businesses automate customs processes more efficiently. With AI-powered and machine-learning capabilities, iCustoms is designed to streamline your all customs procedures in a few minutes, cut additional costs and save time.

CFSP Simplified For You!

What is Simplified Declaration Procedure (SDP) and Entry in the Declarant's records?

What are the specifications of CFSP?

Why CFSP (Customs Freight Simplified Procedures) is needed for customs declaration?

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