Guarantee / deferment account requirements: payment of duty
All payments of revenue must be made through a duty deferment account (DAN). As CFSP is an electronic declaration method using CHIEF processing procedures, cash or Flexible Accounting System (FAS) payments cannot be accepted.
The payment of duties on a SD transactional basis should not be confused with the provision of a guarantee. The DAN used for payment of actual debts may be that of the authorised trader, a DR, an authorised IR or a non-authorised trader as long as the account level is sufficient to guarantee payment and permission to use the account has been granted. The CFSP authorised trader must provide details of the DANs they intend to use for payment on or attached to their CFSP application.
If an IR wishes to use the deferment facilities or Customs Comprehensive Guarantee(CCG) of their customers in place of providing their own, they may do so providing each customer gives written authority to both the IR and authorising officer for use of their facilities. If one of the customers refuses authority the IR would need to obtain/provide their own deferment account/CCG to pay all duties/revenue due on those transactions. The format of this authority, entitled ‘Facility to use customers’ duty deferment guarantee/CCG as your CFSP security’ is on the CFSP UoE web page.
Note: Officers must ensure that authorised CFSP traders hold written permission from the actual deferment account holders before allowing them to use these DANs.