United Kingdom - May 10, 2024 - Exporters face a critical deadline of June 4th, 2024, to transition to the Customs Declaration Service (CDS). After this date, the legacy system, CHIEF, will be permanently disabled for accepting new export declarations. Failure to complete the transition by the deadline could result in a complete cessation of business export operations, potentially incurring significant financial losses and reputational damage.
“The June 4th deadline for CDS implementation is absolute, with no extensions available,” emphasises Adnan Zaheer, CEO & Founder of iCustoms, a leading provider with a proven track record in customs compliance solutions. “HMRC has confirmed the complete decommissioning of CHIEF in July. Businesses that have not completed the transition by then risk facing significant disruptions, delays, and potential penalties.”
While HMRC may make limited exceptions for technical migration difficulties, a lack of preparation will not be considered an acceptable justification. According to our research, a significant number of businesses have yet to make the switch to CDS for exports. Proactive action is essential to avoid potential disruptions.
Time is Running Out: Ensure a Smooth Transition with iCustoms
The good news is that iCustoms has a solution to help traders & intermediaries navigate the CDS transition seamlessly and avoid potential roadblocks. Our platform has a user-friendly design and integrates smoothly with your operations, making the transition as easy as possible.
iCustoms features a dedicated Sandbox that mirrors the live CDS system. This allows traders to practice submitting export declarations in a safe, simulated environment. This lets you experiment, gain confidence, and refine trader procedures before going live. In addition, test declarations can be converted for real use or saved as templates, saving valuable time.
Beyond the sandbox, iCustoms offers a comprehensive suite of functionalities to streamline the CDS export process, including:
• iDP - extracts and auto-creates the draft declaration from any document
• iZap - a self-service portal that helps both traders and agents file customs declaration in 90 seconds
• iClassifiction - precisely calculates the accurate amount of export VAT and customs duty
Don't wait until it's too late! Partner with iCustoms to ensure a smooth transition to CDS exports before the June 4th deadline. Avoid potential disruptions to export operations and maintain a competitive edge.
About iCustoms
iCustoms empowers businesses to steer the complexities of international trade with confidence. Our AI-powered solutions and expert guidance help businesses achieve seamless customs compliance and optimise their global trade strategies.
Media Contact
Company Name: iCustoms
Contact Person: Freya Jane
Email: Send Email
Phone: +44 03335772277
Country: United Kingdom
Website: https://www.icustoms.ai
