IPR (Inward Processing Relief)
IPR or Inward Processing Relief provides customs relief to enable the promotion of EC exports and assist Community processors. Duty is relieved on non-EC goods imports that are processed in the Community or re-exported (where it does not harm the interests of Community producers of similar goods).
Our
IPR software simplifies the administration and management of IPR processing from import through to sale. Key benefits include:
- control of movement and status of IPR goods from importation to final exportation
- both drawback and suspension methods
- monitoring authorisations
- provision of manual receipts, enabling non CFSP imports and IPR receipts from another IPR trader to be set up as stock records
- automatic stock records are set up from receipt details
| - a Bill of Materials
- monitoring stock through put periods and notification of goods approaching the end of their authorised through put period
- Equivalence, setting up stock records under equivalence arrangements
- production of IPR claims each period, either monthly or for any other period of time
- full audit trail
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→ Enquire about Ricardo IPR (Inward Processing Relief)