Three steps to shed light on your import and export customs procedures
1. Your import export data formatted in a meaningful and valuable way
One True Version is a Customs Data App designed by import/export professionals. By formatting your business’ data direct from HMRC, you can see exactly where your business stands. And because you have a new, clear view of your customs status, taking action to deal with problems becomes a simpler task.
2. Make savings by improving supply chain efficiency
One True Version gives businesses insight into their data that up to now has simply not been available. For instance you could check on inward processing, a customs duty refund or commodity codes in a moment.
3. Receive a monthly Exception Report which reveals the problems that need attention
OTV generates a monthly report which highlights data that could be a problem such as an incorrect commodity code or a mis-applied tariff rate. You can then decide if action needs to be taken. This one feature alone could ensure HMRC compliance and save your business thousands of pounds.
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