Updated Customs freight notice
HMRC have updated Notice 760 entitled ‘Customs Freight Simplified Procedures (CFSP)’.
The notice cancels and replaces the previous version published in September 2009. It covers the purpose of the CFSP, the procedures available and guidance on the authorisation conditions. The updated notice includes new information on the criteria and conditions for CFSP authorisation in respect of legislative changes.
The advantages of using CFSP include accelerated release of goods from Customs, cash flow benefits, submission of frontier declarations by electronic means and the facility to use third-party service providers to submit electronic declarations.