Duty Deferment/Customs Bonds
Duty Deferment/Customs Bonds
Applicant/risk
- Importers and Freight Forwarders (e.g. food, alcohol and clothing)
Beneficiary
Duty on goods imported from outside the EU are payable immediately upon their arrival into the UK. A Duty Deferment/Customs Bond allows importers the flexibility to defer payment for up to 45 days. This deferment period provides a very real cash flow advantage to these importers