What are Transit Accompanying Documents? Why use one and what information does it contain? AMCO’s Customs Support team will answer and advise on these questions. In addition, we’ll help create your TAD on your behalf and as a result, there will be no more navigating customs jargon or running the risk of submitting incorrect paperwork.
WHAT IS A TRANSIT ACCOMPANYING DOCUMENT?
A Transit Accompanying Document (TAD) is also known as a T1 or T2. A T1 document allows Goods originating from outside the European Union to move freely between EU countries.
A T2 is the reverse of a T1. Goods originating from within the EU can move freely across EU territories that are destined for outside the EU.
Goods under transit must be accompanied by a TAD at all times, from ‘place of departure’ to the point the transit journey ends. Once Goods arrive at the ‘office of destination’, a receipt is issued and it’s after that point all Customs Duties and Taxes become payable.
TRANSIT ACCOMPANYING DOCUMENT BENEFITS
Transit Accompanying Documents increase efficiency and management of shipping Goods into and across the EU.
Firstly, removing the need to pay Customs Duties and Taxes each and every time Goods cross EU member state borders.
Secondly, payment of Customs Duties and Taxes are made in one single transaction at the intended final ‘office of destination’.
DETAILS NEEDED TO COMPLETE TADs
To create a Transit Accompanying Document, information such as; the number of packages, total net weight of packages, Customs ‘office of destination’, route and value, along with the Customs Tariff numbers are all required. Of note, a TAD is officially initiated by Customs at the ‘place of departure’.
Once completed, a unique Movement Reference Number (MRN) will be generated and will be given in numerical format and as a barcode.
YOU MUST PROVIDE A GUARANTEE
It’s necessary for any person acting as the principal of a transit movement to provide a guarantee. Mainly, to ensure payment of Customs Duties and other charges are guaranteed in the event of TAD requirements not being met.
A guarantee will typically take the form of an acceptance by an independent party, such as a Bank for liability, jointly with the principal.
THE NEW COMPUTERISED TRANSIT SYSTEM (NCTS)
All T1/T2 declarations must be made electronically using the New Computerised Transit System (NCTS). Predominantly, the NCTS is a paperless system. However, a covering document (Transit Accompanying Document) must accompany the Goods during transit. TADs are presented together with the Goods at any office of transit en route to the ‘office of destination’.
HOW TO OBTAIN YOUR TRANSIT ACCOMPANYING DOCUMENT
Using AMCO’s HMRC guarantee, we can supply you with your Transit Accompanying Document. Let’s get your Goods through multiple customs territories without delay.
Speak to one of our In-house Customs Agents about your TAD requirements.
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