Customs Bonded Warehousing

RCS Logistics' Dry Bond Warehouse status allows us to store goods and defer payment of import duty and VAT under HMRC rules until the goods are issued from stock.

Customs Bonded warehousing can play a major part in helping importers improve their cash flow position significantly. Storing imported goods in a Customs bonded warehouse enables companies to defer the payment of import duty and VAT until the goods are issued from stock. The result is a significant cash flow advantage for the importer. It is fully approved and authorised by HM Revenue & Customs.

RCS Logistics' dry bond status relates to most imported products other than alcohol and cigarettes.

Importers can move their dry bonded goods to RCS in order to improve their cash flow and also to consolidate all their stock into one provider within one warehouse location. Having all your dry bonded stock in one location saves you time, cuts costs and simplifies systems and procedures.

RCS Logistics also operate a capable haulage fleet. We can collect goods for storage and arrange onward delivery when goods leave the bond.

HM Revenue & Customs (HMRC)

Fully approved and subject to regular audits by HM Revenue & Customs (HMRC), RCS Logistics’ bonded warehouse is secure with 24/7 security, computerised stock systems and web-based access to stock records, which enables customers to view stock levels in real time. Once the customer notifies RCS that the imported goods are en route to the UK, RCS deals with all Customs procedures and related paperwork. This includes liaising with the client’s shipping agent, arranging delivery from the port of entry to the UK directly into RCS’ bonded warehouse in Corby. We then notify the customer once the goods are recorded and stored at our warehouse. When the customer wishes to issue the goods from bond, RCS makes the necessary arrangements with HMRC on their behalf, including payment of VAT and duty, as well as arranging onward delivery to a chosen destination if required.

To find out more information about RCS Logistics' Dry Bond status, call us on 0845 500 4005 to discuss your requirements.