From Preference Documents (A.TR, EUR.1, etc.) and Above
Digicust: Automating Import Declarations from Preference Documents
The digitization of the customs clearance process presents a host of benefits for businesses involved in international trade. When importing goods, the accurate completion of preference documents such as A.TR and EUR.1 is paramount to ensure the application of reduced or zero tariffs. Digicust's innovative tools automate this process, providing efficiency and accuracy. This article details how Digicust assists in creating import declarations from preference documents.
Preference documents, such as A.TR and EUR.1, certify the origin of goods and therefore facilitate the process of applying preferential tariffs under various trade agreements. However, manually handling these documents can be time-consuming and error-prone. Digicust automates this procedure, ensuring accuracy and efficiency.
Let's explore the technical process in detail:
Receipt of Documents: Preference documents, either in PDF or other electronic formats, are forwarded to the Digicust platform by the declarant. This can include the A.TR document (a customs document used in trade between EU and Turkey) or the EUR.1 document (used to support claims for preferential treatment for goods moved between the European Community and partner countries).
Intelligent Document Processing (IDP): Dexter IDP, Digicust's intelligent document processing tool, proceeds to process these documents. It extracts pertinent information such as the origin of goods, type of goods, and any other necessary data for the customs declaration.
Use of Master Data: If available, Digicust utilizes the client's master data. This data provides a detailed overview of the products being imported, allowing for accurate and efficient processing of the customs declaration.
Tariff Classification: If the master data is not available, Digicust's Taric automated tariff classification system steps in. Based on the details in the preference documents, it determines the correct tariff classification for the goods being imported.
Creation of Import Declaration: After extracting all relevant data, Digicust automates the creation of the import declaration. The system can apply custom rules via its no-code automation platform, tailored to each client's specific needs.
Delivery: The completed import declaration is then sent to the client's end system. This ensures seamless integration and the uninterrupted flow of business operations.
With Digicust, the task of creating import declarations from preference documents is streamlined and automated. This results in a process that is not only quicker and more efficient but also reduces the risk of errors that could lead to potential customs issues. By harnessing the power of intelligent document processing, master data modules, and automated tariff classification systems, Digicust provides a sophisticated solution to the challenges of customs clearance. This approach propels businesses into the future of automated and digitized trade operations.