The amount of the security covering the duties and taxes at risk. The TIR Convention recommends the amount of the guarantee should be $50,000 per TIR carnet. The Community has fixed the amount at €60,000 per TIR carnet.
Read more TIRH : TIR Carnet HolderThe company authorised by Customs to use TIR carnets
Read more TIRO : TIR ConventionThe Customs Convention on the International Transport of Goods Under Cover of TIR Carnets, 1975
Read more TORO : Transfer of Rights and ObligationsTransferring of rights and obligations from the holder responsible for the customs procedure to another operator who can be used for end-use customs procedures as well as for other procedures.
Read more Trade FacilitationThe simplification and harmonization of international trade procedures, including activities, practices, and formalities involved in collecting, presenting, communicating, and processing data required for the movement of goods in international trade.
Read more Transaction ValueThis is the prime method for determining the Customs value as defined in the WTO Valuation Agreement.
Read more Transfer PricingDetermination of transfer prices for transactions between related parties.
Read more TranshipmentA movement where the goods are imported and exported within the confines of a UK airport or port in the course of a movement which started and will end outside of the UK.
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