openPR Logo
Press release

iCustoms Urges Businesses to Transition to CDS Exports Before June 4th Deadline

05-10-2024 11:14 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ABNewswire

iCustoms Urges Businesses to Transition to CDS Exports Before

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 [https://www.abnewswire.com/email_contact_us.php?pr=icustoms-urges-businesses-to-transition-to-cds-exports-before-june-4th-deadline]
Phone: +44 03335772277
Country: United Kingdom
Website: https://www.icustoms.ai



This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release iCustoms Urges Businesses to Transition to CDS Exports Before June 4th Deadline here

News-ID: 3493140 • Views:

More Releases from ABNewswire

Motors Play An Important Role In People's Daily Lives And Businesses
Motors Play An Important Role In People's Daily Lives And Businesses
Motors [https://www.hjstmotor.com/] play an important role in our daily business and life. Basically, motors drive all activities in our daily business or entertainment. All these motors [https://www.hjstmotor.com/] run on electricity. To do its job of providing torque and speed, the motor [https://www.hjstmotor.com/] needs corresponding electrical energy. All these motors provide the required torque or speed by consuming electricity. Image: https://www.hjstmotor.com/uploads/abb-what-is-a-drive-1.png The inverter converts fixed-frequency AC power into variable-frequency, variable-voltage AC power. Let's see how
Jianjie Industry Signs a Contract with Hubei Special Steel for RHF (Rotary Hearth Furnace) Project
Jianjie Industry Signs a Contract with Hubei Special Steel for RHF (Rotary Heart …
Recently, Jianjie Industry [https://www.jianjiebinder.com/] and Hubei Special Steel have reached a landmark strategic cooperation on the RHF(rotary hearth furnace) dezincing and dust removal ash binder project. This move not only signifies the exceptional strength of both companies in their respective fields but also marks a significant step forward in promoting environmental protection, energy efficiency, and high-efficiency production. Through this powerful alliance, both parties are committed to enhancing the comprehensive utilization
Hands Of Car Mechanic With Wrench In Auto Repair Service
Hands Of Car Mechanic With Wrench In Auto Repair Service
24 hours a day, At your service [https://www.letonpower.com/]! Unfortunately, we cannot guarantee that your LETON power products will never suffer a component problem because, like all power protection equipment, it contains some electrical and electronic components that have finite useful working lives. What we can guarantee is that routine maintenance inspections performed by LETON trained engineers will minimize or eliminate entirely the potential problems caused by such components. Our generator service division
Happy
Happy "June 1st" International Children's Day To All Children
Unleashing Hope and Blooming Smiles - WEIZHEN Wishes Children a Happy Holiday As the "June 1st" International Children's Day approaches, WEIZHEN has presented gifts and heartfelt care to the children of its employees. The growth and development of our enterprise [https://www.weizhencasting.com/] are inseparable from the hard work and dedication of all staff members, as well as the full support of their families. Along with the steady increase in corporate benefits, the company's

All 5 Releases


More Releases for Customs

Customs Audit Market Analysis and Forecast 2021-2026 | EY, Deloitte, KPMG, PwC, …
Qurate Business Intelligence recently publishes a research report on “Customs Audit Market” which offers analytical insights into the industry. The research study on Customs Audit provides in-depth analysis on aspects including market overview, market share and size, key player information, demand – supply analysis, revenue/sales, historic and forecasted data, detailed segmentation and sub-segment information along with the detailed Covid – 19 impact analysis. The factors that influence the growth of
3T LOGISTICS LAUNCHES NEW CUSTOMS CLEARANCE SERVICE
One of the world’s leading transport management technology vendors – 3T Logistics and Technology Group - has launched a new Customs Clearance service to support the UK’s exporters and importers following the UK’s departure from the European Union in 2020. 3T Logistics is one of Europe’s largest independent fourth-party logistics (4PL) providers and their new Customs Clearance service will provide immediate assistance for businesses to minimise custom delays using automated
Customs Audit Market Scenario - The Competition is Rising
Global Customs Audit Market Report 2019 is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing investment structure of the Global Customs Audit Market. Some of the key players profiled in the study are EY, Deloitte, KPMG, PwC, Affiliated Customs
CTS Customs Trade Solutions Adelaide
With decades of experience and a strong network with customs personnel and logistics firms, CTS Customs & Trade Solutions in Adelaide will take care of you and your goods all the way from the port to your doorstep. CTS provides the professional expertise you need to have your cargo processed reliably and efficiently through customs, no matter if you’re shipping by air or sea. With a thorough understanding of the
CTS Customs Sydney
Whether you’re shipping via air or sea, Customs & Trade Solutions in Sydney provides the professional expertise you need to to have your cargo processed through customs reliably and efficiently. With decades of experience and a strong established relationships with customs personnel, CTS Sydney will ensure that the whole process runs smoothly from start to finish. Specialising in Air and Sea Freight forwarding, transport and logistics, international
MFI International Receives Corporate Mexican Customs Broker’s License
El Paso, TX, February 26, 2013 – Once again, MFI International has taken the lead in facilitating cross- border manufacturing transactions between the United States and Mexico by obtaining the first Textile Corporate Mexican Customs Broker’s License. Specifically, the permit has been issued by the Mexican Government Customs Agency (SAT) to Jorge Fierro, MFI’s agent, who will act as their Mexican Customs Broker coordinating all cross-border activities for the company with