What is a T1 document?
The most important points in brief: With the T1 transit document, goods that have not yet been in the customs union, i.e. non-Community goods, are transported through the customs union duty unpaid. This could be goods from China, for example, which arrive in Hamburg and then pass through Germany duty unpaid with final destination Austria. Customs clearance then takes place in Austria.
The complex world of international trade is characterized by numerous rules, regulations and documents designed to ensure the smooth transport of goods across borders. One such central document, which is particularly important for companies in Switzerland and within the European Union, is the T1 document. In this article, we not only want to take a closer look at the T1 document and its function, but also show you how our Swiss company PUREPROGRESS can support you.
What is the T1 document?
The T1 document is a transit document that is used for the duty-free transportation of goods within the European Union and to some other countries associated with the EU. It enables goods to be transported from one place to another without immediately incurring customs duties. Only at the destination is it decided whether the goods will be imported and cleared through customs or whether they will leave the area again.
How PUREPROGRESS can help you
As a renowned Swiss company, we at PUREPROGRESS are very familiar with the requirements and regulations of international trade. This means that we can create T1 documents for our customers. This service can be particularly valuable for companies that regularly do business with countries within the EU and want to take advantage of the transit procedure.
Security deposit for the T1 document
It is important to note that the creation of a T1 document usually requires a security deposit. At PUREPROGRESS, this security deposit amounts to approximately 30-35% of the value of the goods. This security ensures that any customs duties, taxes or other charges are actually paid later. Once the transit procedure has been completed and all regulations have been complied with, this security will of course be released again.
Conclusion
The T1 document is an essential tool for companies that want to transport goods across EU borders without having to deal with customs formalities immediately. As a Swiss company, PUREPROGRESS offers a valuable service in the preparation of these documents, which considerably simplifies the trading process for our customers. With our specialist knowledge and expertise, we ensure that your cross-border trade runs as smoothly and efficiently as possible.
Further links on the subject of T1 documents
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