TSI008250 - Requirements of Temporary Storage facility: How Guarantees work
Within GB, NFAU will check an applicant’s financial credibility as outlined by HMRC, to determine if they require a Customs Comprehensive Guarantee (CCG). In most cases, there will not be a requirement for a CCG in order to become authorised to operate a TSF in GB. There is still a need for a CCG in place to operate a Temporary Storage Facility in NI, unless they have AEO authorisation – in this case the requirement for a CCG will be waived.
If a CCG is not required, the person holding a Temporary Storage approval will still be responsible for ensuring payment of any customs debt which may arise under section 4 of the Taxation (Cross-border Trade) Act 2018 and at the present time, in accordance with Section 157 (1) of the Customs and Excise Management Act 1979.
Within EU, Temporary Storage Approval holders will require a guarantee, EU Regulation 952/2013 Article 89.2 states where customs authorities require a guarantee for a potential or existing debt to be provided, that guarantee shall cover the amount of import or export duty and any other charges due in connection with the import or export.
For goods moving by Transit to or from Temporary Storage Facilities, the liability of any customs debt in relation to those goods is the responsibility with the provider of the transit guarantee.
For Movement in Temporary Storage and Movement to Temporary Storage, the liability of the customs debt is with the receiving ETSF from the point they take control of the Temporary Storage Declaration record. This is usually upon release from the dispatching Temporary Storage Facility.