Seven things all traders importing in EU must know about ICS2

As of 1st March 2023, all economic operators outside the EU that move goods to or via the EU by air will be required to comply with Import Control System 2 (ICS2). On March 1, 2024, this will be expanded to include trade via sea, road, and rail transportation.

Seven things you must know about ICS2

1. ICS2 is an electronic system used by the EU for customs declarations and clearance of goods entering the EU.
2. ICS2 aims to improve the efficiency and accuracy of customs procedures by allowing traders to submit electronic customs declarations and providing real-time data to customs authorities.
3. Under ICS2, traders must provide detailed information about the goods being imported, including the type of goods, their value, and their country of origin.
4. ICS2 also includes additional security measures, such as risk assessment and profiling, to help prevent importing illegal or dangerous goods.
5. Traders can access ICS2 through the EU's Customs Decision System (CDS) portal or a platform like iCustoms
6. Failure to comply with ICS2 requirements can result in delays in customs clearance, fines, or other penalties.
7. 6-digit HS codes and the easy to identify product names are required on all customs forms for goods bound to the EU by air.

What is required to be ICS2 compliant

Four hours before arrival for the long haul, or wheels up for the short-haul:

EORI number: The receiver's EORI number has to be provided.

HS6 code:?Minimum six-digit Harmonized System (HS) codes are mandatory.

Product description: A description of the goods in plain language that is specific enough for customs officials to identify what it is.

How Deep Tech & AI is helping:

iCustoms HS Code finder is an automated classification engine that is easy to set up. It ensures that all the products get the correct HS code quickly and automatically, cutting down on delays and operational costs. It takes milliseconds with 99% accuracy.

iCustoms platform can be used to submit the information to the EU's Customs Decision System (CDS) portal.

Do you feel like you need help with ICS2 compliance OR HS code finder??Get in touch?with iCustoms team today, and we'll make you fully compliant with?ICS2