Falsum's Duty Management Tool is purpose designed to quickly identify overpaid Border Taxes and process reclaims in a unified, streamlined process.
Falsum's Duty Management Tool ("DMT") is a complete online software solution that reviews your customs duty obligations while offering valuable, actionable insights into your business.
Falsum's DMT presents a number of unique insights into a business' Border Taxation, displaying; Overpaid Tariffs & VAT, Unclaimed Preferential Tariff Rates, Free-Trade Agreement Utilisation and much more.
Businesses can drill-down into the Item and Consignment-level detail using pre-prepared filters to identify overpayment, underpayment of Border Taxes from specific Suppliers, Carriers, Customs Agents, and many more.
Customisable Data Filters & Drill-Downs for deeper business insight.
Line-item & Consignment-level Import Tax analysis.
Full business Import Duty exposure analysis.
Fully automated Tariff Duty analysis for overpayments and Free-Trade Agreement utilisation.
Haulier & Customs Agent service-cost benchmarking.
The Duty Management Portal is designed to provide the Trader with the best User Experience & greatest visibility over the Customs Duty reclaim process.
Falsum's Duty Management Tool ("DMT") identifies overpaid tariffs on imported products and automates the reclaim process, evidence-gathering & documentation.
For UK imports, the DMT requires your Management Support System (MSS) data.
Management Support System (MSS) is a record of all imports declared to HMRC by a single Trader. Each time a business or trader makes an import declaration, they must provide their EORI (Economic Operator Registration and Identification) reference number. MSS data is processed by the DMT to build an up-to-date picture of a business' imports. MSS data is stored on the customs system of the country into which the import is made - in the UK this is currently CHIEF (soon to be replaced by CDS).
Falsum will request a Trader's MSS data on their behalf, at the point of purchasing access to the DMT. We will automatically notify a Trader when the MSS data has been received from HMRC and processed into the DMT. Falsum will provide a copy of the raw data to the Client, separately.
After purchase, all you need to do is sign in to your Falsum Client Portal to access your personalised DMT Dashboard. We'll also send you update emails & regular reminders as
In the development of the DMT, we have taken every opportunity to translate the Customs-specific language, codes and jargon into plain language. We've made it our mission to open up Customs and Global Trade knowledge to our Clients without adding unnecessary complexity.
The DMT draws on Customs Authorities' open-source APIs for real-time Border Tax data to give the most accurate and up-to-date analysis for Traders.
Traders can identify underperforming Suppliers, Distributors & Logistics providers to proactively limit future Border Tax overpayments & costly mistakes.
Of Falsum's analytics Clients, over 95% see a full return-on-investment (ROI) within 3 months of purchase. The DMT represents real value for money.
Provide your details, below, to request a Demo of Falsum's Duty Management Tool ("DMT"). One of our advisors will be happy to take you through the full value of our Analytics platforms.
Fill in the form below to book a 20 minute, no-obligation DMT Demo session with Falsum’s Customs & Global Trade Experts.
The Demo Booking Tool will automatically send you a Zoom meeting link and Calendar invite.
The Calendar invite is shareable with anyone else you may wish to have on the call.