Inward Processing Relief (IPR) is a procedure, with which non-Union goods are being imported to the Union for processing. Find out, what this exactly means, how it works and what you will need for this customs procedure, and how Freightfinders can help you, in this article.
Use our service of creating documents and leave this task, which is often complicated and takes a lot of effort, to us. Our long-term experience helps, ensuring a stress free and easy transport of your goods. From the application and authorisation, to the Inward Processing Relief itself, and the end of this process – you will profit from our expertise.
Through the customs proceedings of Inward Processing Relief, you have the possibility to process your goods in the EU and afterwards export them without paying import charges, such as duty or VAT. Processing goods means that they will be changed in some way, be it by processing, repairing, or destructing. This customs procedure has the purpose of increasing the competitiveness of domestic companies abroad and of facilitating the sales of the goods, manufactured in third countries.
For a release to the customs procedure of Inward Processing Relief, a customs declaration and an authorisation are necessary.
The authorisation will be granted at the customs office within 30 days. The period of validity of such a document is up to 5 years. If the goods are agricultural, the validity period is shorter (up to 3 years max.).
There are various requirements that have to fulfilled to be able to apply for the IPR. For one thing, the applicant has to be a resident of the EU. For another thing, a security deposit has to be paid. Additionally, the procedure and execution have to be done correctly. Other requirements are for example that the management of surveillance and control measures may not take up a comparatively big effort.
After the authorisation has been granted, the goods can be transported to the country, where the IPR will take place.
30 days after the expiration of the individually agreed period of the Inward Processing Relief, the settlement has to be handed over to the customs office of surveillance. There, it will be checked e.g., if a customs claim resulted from the procedure. This might be the case, if goods have been released for free circulation, of if irregularities occurred during the procedure.