
Looking though the transactions of a UK construction company we found a case for claiming back overpaid substantial Customs duties.
It is audit season and we did a desk audit for a construction company. This is the first time that we look through the processes of this business so we were wondering if we could find some savings lying around. It is very common for traders to be unaware that they have money sitting in their supply chain.
A desk audit is our cost-effective process to check compliance. We looked at the usual places where non-compliance hide. But this time, we stumbled on a classification that hadn’t been updated.
The company was unaware that a court decision had reclassified a product. Again, this is very common.
We compiled the transactions, produced all the supporting documents and the company is now not only benefiting from 0% duty, but they are also claiming back the duty they have paid in the past few months.
#Comply&Trade!