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n DUTY '); document.writeln('GUARANTEE WAIVERS AND CENTRALISED CLEARANCE

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The Modernised Customs Code (MCC) entered into '); document.writeln('force on 24 June 2008 although it will not become applicable until implementing '); document.writeln('rules are adopted by the Member States – which must be by June 2013 at the '); document.writeln('latest. '); document.writeln('

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The full implementation of MCC will bring cash '); document.writeln('flow and organisational advantages to Authorised Economic Operators and will be '); document.writeln('of critical importance to companies who operate Customs Warehouses. In particular, they will not be required '); document.writeln('to provide guarantees for duty under suspension; this includes Excise Duties, '); document.writeln('Customs Duties and VAT. '); document.writeln('

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AEOs will also benefit from Centralised Clearance '); document.writeln('facilities, allowing a company, for instance based in Oxford, to clear goods in Athens or elsewhere in the '); document.writeln('EC.

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n Your greatest assets and '); document.writeln('threats?

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Your staff of course! Veracis can help you realise '); document.writeln('their potential, involve them in creating procedures, ensuring procedures '); document.writeln('reflect actual working practices. We will also ensure that adequate staff '); document.writeln('security screening processes are in place and '); document.writeln('followed.

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