Simplified Customs Procedures Sample Clauses
Simplified Customs Procedures. 1. Each Party shall provide for simplified customs procedures that are transparent and efficient in order to reduce costs and increase predictability for economic operators, including for small and medium-sized enterprises. Easier access to customs simplifications shall also be provided for authorised traders according to objective and non-discriminatory criteria.
2. A single administrative document or electronic equivalent shall be used for the purposes of completing the formalities required for placing the goods under a customs procedure.
3. The Parties shall apply modern customs techniques, including risk assessment and post-clearance audit methods, in order to simplify and facilitate the entry and the release of goods.
4. The Parties shall promote the progressive development and use of systems, including those based on information technology, to facilitate the electronic exchange of data between traders, customs administrations and other related agencies.
Simplified Customs Procedures. Each Party shall adopt or maintain measures allowing traders or operators fulfilling criteria specified in its laws and regulations to benefit from further simplification of customs procedures. Such measures may include:
(a) customs declarations containing a reduced set of data or supporting documents; or
(b) periodical customs declarations for the determination and payment of customs duties and taxes covering multiple imports within a given period, after the release of those imported goods.
Simplified Customs Procedures. 1. Each Party shall adopt or maintain measures allowing traders or operators fulfilling criteria specified in its laws and regulations to benefit from further simplification of customs procedures.
2. Each Party shall endeavour to ensure that these simplified procedures include:
(a) customs declarations containing a reduced set of data or supporting documents, including for the movement of low-value consignments;
(b) the acceptance of payment of customs duties and taxes at a later date after the release of those imported goods, within a period specified by the Party;
(c) the ability to clear goods from importer or exporter premises;
(d) the use of a guarantee with a reduced amount or a waiver from use of a guarantee.
3. The Parties agree to cooperate on and consider further measures to reduce the administrative burdens for economic operators in relation to import and export.
Simplified Customs Procedures. Each Party shall adopt or maintain measures allowing traders or operators fulfilling criteria specified in its laws and regulations to benefit from further simplification of customs procedures. Those measures may be offered through a Party's Authorised Economic Operator program, or otherwise made available to traders or operators in accordance with its laws and regulations and may include:
(a) customs declarations containing a reduced set of data or supporting documents, including for the movement of low- value consignments;
(b) deferred payment of customs duties and taxes until after the release of those imported goods; and
(c) other matters as the Party may decide.