TARIC codes
A comprehensive set of commodity codes used by HM Revenue & Customs for import and export purposes.
Tariff quota (TQ)
A form of European Commission preference under which limited amounts of specified goods may be admitted to free circulation at reduced or nil rates of duty and/or Common Agricultural Policy levy within a given period. The limit may be expressed in units of weight, volume, quantity or value. Once a quota has been exhausted, the commodity may still be imported, but duty or levy must be charged at the non-quota rate.
Tariff quota serial number (TQSN)
The specific number given to each separate Tariff quota to allow claims to each quota to be readily identified.
Tax warehouse
A warehouse authorised by HM Revenue & Customs for the deposit, without payment of duty, of goods liable to excise duty. There are special requirements for premises for the storage of oil.
Taxable person
Importers who are registered for VAT and are re-importing goods in the course of their business.
Temporary duty suspensions
Designed to allow European Union (EU) manufacturing and processing industries to compete on equal terms with non-EU producers of finished products. Import duties on components or raw materials intended for further processing are partially or completely suspended. This is providing that the goods are either not available, or not available in sufficient quantities within the EU.
Temporary importation (TI)
A relief for goods imported to the European Union for certain purposes, or under certain conditions, and which will then be re-exported.
The Tariff
The Integrated Tariff of the United Kingdom. This sets out information about Customs procedures for the import, export and transit of goods. It also includes details of how goods are classified for Customs purposes and the rates of duty and VAT which apply to them.
Third country
Any country or territory which is not part of the European Union.
Throughput level
The quantity of goods passing through a warehouse.
Tobacco products
These products include cigarettes, cigars, hand-rolling tobacco, other smoking tobacco, and chewing tobacco, which are manufactured wholly or partly from tobacco or any substance used as a substitute for tobacco. Tobacco products are liable to excise duty which is generally based on the quantity or weight of the goods. Cigarettes are also liable to a duty based on the value of the goods that is known as the "ad valorem component" of the duty.
Tobacco Products Duty (TPD)
An excise duty chargeable on tobacco products.
Trade facility warehouse
Approval is restricted to the specific needs of an export shop. The qualifying criteria of a general storage and distribution warehouse is not required for this type of warehouse.
Trademark
A registered name or logo that is protected by law. Must be registered with the UK Intellectual Property Office.
Trader's Unique Reference Number (TURN)
Used to identify an importer numerically. It is normally based on the trader's VAT registration number, with a three digit extension.
Transfer Freight Manifest (TFM)
A removal authority for airfreight consignments which are to be transferred from one transit shed to another before going to the final destination.
Transhipment
A movement where the goods are imported and exported within the confines of a UK airport or port in the course of a movement which started and will end outside of the UK.
Transit
The movement of goods from one European Union member state to another without the need to "enter" them to a Customs procedure.
Transit shed
A place approved by HM Revenue & Customs for the deposit of imported goods that have not been assigned to a Customs approved treatment or use and/or the temporary deposit of goods intended for export.
Transports Internationaux Routiers (TIR)
International system that allows goods to be packed in a container under Customs inspection at the point of origin. The container can then pass across all national frontiers without being opened by Customs officers.
Triangulation
Triangulation is the term used to describe a chain of supplies of goods involving three parties in three different countries. But, instead of the goods physically passing from one to the other, they are delivered directly from the first to the last party in the chain.