Organisations can apply for an account with HM Revenue & Customs – a deferment account. It’s like putting things on a tab in the pub or restaurant. When it’s time to pay duty or VAT it get charged to your account and you settle the bill.
If a container is used for longer than it was booked or agreed free time, the excess time is referred to as demurrage.
The act of taking cargo out of a container. Also referred to as deconsolidation.
DGN (Dangerous Goods Note)
A Dangerous Goods Note is usually completed by a consignor who is qualified within the company to complete this document. The DGN contains all the hazardous information required for the goods to be transport in a safe manner. A DGN is required for all hazardous goods shipments via air or sea.
DVLA (Driver and Vehicle Licensing Agency)
A vehicle require a UK registered number plate before it can be used on British roads. Where applicable Road Tax needs to be paid. DVLA issue a V5 document showing the vehicles technical data and the registered owner of the vehicle.
DVSA (Driver and Vehicle Standards Agency)
The Vehicle and Operator Services Agency (VOSA) merged with the Driving Standards Agency (DSA) in April 2014 to create DVSA. All garages needs to be DVSA approved in order to do MOT and vehicle testing.
Organisations shipping aircraft, ships spares, hydrocarbon oil and some foodstuffs can apply for what is called end-use relief – an exemption from paying duty and VAT.
ERTS (Enhanced Remote Transit Shed)
A warehouse outside the port controlled by HM Revenue & Customs where goods can be held as un-cleared (Duty VAT unpaid, Non EEC status). For example a groupage container may be moved to these locations for devanning and then each individual shipment can be cleared separately through customs.
EORI (Economic Operator Registration and Identification scheme)
Businesses and individuals require to register with HM Revenue & Customs prior to arrival and/or departure for goods in the UK. An EORI number, formerly TURN number or VAT Number is a number, unique throughout the European Community, assigned by a customs authority in a Member State to economic operators (businesses) or persons. By registering for customs purposes in one Member State, an Economic Operator (EO) is able to obtain an EORI number which is valid throughout the Community. The EO will then use this number in all communications with any EC customs authorities where a customs identifier is required for example customs declarations.
EORI numbers are unique throughout the EU. Those issued in the UK starts with the letters GB. Most are then followed by 12 digits based on the trader’s VAT number.
A form that, when completed and endorsed by HM Revenue & Customs, entitles goods originating in the UK or EU to lower – possible zero- import duties and they arrive in countries covered by EU trade agreements.
Express Release Bill
A bill of lading used when a shipper wants cargo to be released to a consignee immediately on arrival at a port, rather than to have to wait for the consignee to present the original bill of lading given to the shipper.
FAK (Freight All Kinds)
Shipping industry term for a carrier’s tariff classification for all kinds of goods that are pooled and shipped together at one freight rate. Consolidated shipments are generally classified as FAK.
Fulfilment by Amazon (FBA), you store your products in Amazon’s fulfilment centres, and they pick, pack, deliver, and provide customer service for these products.
FCL (Full Container Load)
A shipment made in a dedicated 20- or 40- foot container
FEU (Forty foot Equivalent Unit)
The length of a container in foot. Also referred to as 40’ or 40ft. A FEU is twice the size of a TEU.
FIATA (International Federation of Freight Forwarding Associations)
International Federation of Freight Forwarders Associations, a non-governmental organisation, representing some 40,000 forwarding and logistics companies in 150 countries.
FOS (Financial Ombudsman Service)
The Financial Ombudsman Service is the UK’s official body to address and assist with customer complaints and problems relating to financial and insurance products and services.
The process during which a container is filled with gases or pesticides to kill vermin or insects or other infestations that may have crept inside the container during loading before any cargo is devanned.
Free Circulation Goods
Goods on which the import duty, VAT and any excise duties have been paid and as a result are no long under HM Revenue & Customs control.