Watch the webinar recording: Special Procedures Series, Inward Processing
Inward Processing (IP) is a Customs Special Procedure that allows businesses to suspend import duties and taxes on goods brought into the EU for manufacturing, processing, or repair. It is one of the most powerful duty relief mechanisms available to businesses operating in global supply chains, yet it remains underused by many organisations that would stand to benefit significantly from it.
If your company imports raw materials or components for products that are later exported, you could be eligible for significant customs relief, improving both your cash flow and competitiveness. The savings can be substantial, and for businesses operating in industries with high duty rates, the financial impact of implementing IP correctly can be transformative. Beyond the direct cost savings, IP also gives businesses greater flexibility in how they manage their customs obligations, reducing the upfront financial burden that can otherwise constrain operations and investment.
The key to unlocking those benefits lies in understanding how the procedure works in practice and having the right systems in place to manage the administration efficiently and accurately.
Watch our webinar on demand to learn how Inward Processing can help your business cut costs, reduce risk, and streamline operations.
In this session, we cover:
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How Inward Processing works in practice.
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The key benefits of Inward Processing and why more companies should be using it.
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A real-life business case showing the cost savings in action.
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A live demo of how the CAS Special Procedures module automates IP from start to finish.
If you want to learn more about Special Procedures and how they support trade and compliance, visit our website for more information.