Following a rigorous series of audits by HMRC, we have been successfully granted AEO status, indicating that our role in the international trade and supply chain is secure, efficient and is Union Customs Code compliant.
What is AEO Certification?
By having Authorised Economic Operator Certification (AEO C – AEO Customs Simplifications), we have demonstrated an exemplary record of customs compliance and documented associated procedures and systems, allowing robust and reliable customs control. The introduction of AEO status had been the European Community’s response to the need to secure International supply chains, the introduction of Customs-Trade partnership against terrorism in the USA and the development of the SAFE framework of standards by the World Customs Organisation.
What does this mean for TVS SCS customers?
AEO will offer TVS SCS and our customers preferential status with HMRC interactions, and in the longer-term, access to certain simplifications in customs procedures (such as guarantee waivers and centralised clearance) which may only be restricted to AEOs. The possession of AEO status is expected to make it easier for businesses to apply to use such simplifications throughout the EU.
Importantly, this will also enable customers to be fully prepared, whatever the outcome of Brexit. It will ensure that they are able to:
- Use customs procedures such as IPR/ OPR/ CFSP for cross border shipments
- Continue to use customs bonding arrangements (TVS SCS already has bonded warehouse capabilities in the UK)
- Use Import centres (bonded) and EU Export centres
- Mitigate risks associated with the potential loss of customs union and free trade deals.
A note from TVS SCS Europe CEO, Andrew Jones:
This award is a testament to how we operate as a business and continually strive to be the best at what we do and significantly positions us as a Trusted and Compliant Global Service Provider and fosters greater customer and supply chain confidence.
If you would like further information on AEO certification, please contact Strategic Account Director, Arun Jayaraman on +44 (0) 7834 920272