Customs oldtimer

An outward processing authorisation allows goods which have been sent out of the UK for processing or repair to be returned to the UK with full or partial relief from import duty. Goods being repaired free such as under guarantee can be reimported free of duty

As far as I am aware normal valuation rules apply even with mib Extract from HMRC valuation guidance: Export duty and taxes paid in the country of origin or export When these taxes are incurred by the buyer, they are liable to duty. If you benefit from tax relief or repayment of these taxes, you may leave them out of the customs value.

Hi James Monkton There is no process to enable you to reclaim import duty when you reexport goods previously imported. There are however schemes such as customs warehouses where goods can be held duty suspended until you decide what to do with them. Inward processing may also be considered this also allows temporary import with duty suspended for goods to be processed and reexported. The process can be anything from simple repackaging to a major manufacturing process. Both schemes do need prior approval from HMRC to be approved in your own name. There are some public customs warehouses run by third parties that you can pay to use to store your goods duty suspended.

Of course a carrier cannot charge their own duty rate, but it is highly unlikely that has actually happened. The point being missed is that the difference will most likely be to do with what was declared to customs in the first place. Customs declaration s do not work in the way you appear to think they do. Agents do NOT declare a rate of duty they declare the hs code, value and goods origin ( country of manufacture). HMRC then calculate the rate and amount based on this information provided . If you think duty should be zero then it is most likely that either a different hs code or country of origin has been declared. If this information is incorrect then the entry can be amended and duty refunded. This is why you need to see what has actually been declared and therefore what may be incorrect on the declaration . Once you know what is incorrect it can be amended. Also bear in mind that if the zero duty rate is applicable by reason of country of origin then the shipment must be accompanied by the correct proof of origin to claim the reduced duty. If the correct proof is not provided then the ‘all country ‘duty rate applies.

If you have received the parcel then it will have cleared customs. The CN 23 is completed and attached to the parcel by the sender. Any duty and taxes due will be based on what is written on the CN23. Assuming that the information on the CN 23 is correct then there are various reasons why you have not paid any duty and tax. 1.This may be because charges were paid by the sender. 2.The goods may be be if a type subject to zero rate vat and duties. 3.Some sort of duty relief has been applied. There isn’t really a difference between private and commercial imports in terms of duty and tax payment. It is irrelevant whether the goods are for resale or not. Only genuine gifts below £39 between two private individuals are totally relieved of VAT and duty. There is also a duty relief for goods below £135 but VAT is payable (if the goods are subject to VAT). If the goods are a retail purchase then the seller will include the VAT in the price paid . If you are a business the sender should show your VAT number if you have one on the CN23.

Hi Yes you can voluntarily register for VAT. Import VAT is indeed reclaimable by VAT registered businesses if the goods are for use in your business including resale. If you are VAT registered you will also have to charge VAT on the sales.

Hi You will need to explain further what you mean by sales tax . Are you referring to import duties and taxes on goods being imported into other countries or UK VAT. If this is an accounting question then you should probably ask your accountant.

Exporter of record is not in the UK legislation but this is the legislation that applies to the ability to act as exporter from the UK. The Customs (Export) (EU Exit) Regulations 2019 Eligibility of persons to make export declarations 12.—(1) A person may make an export declaration in respect of goods if the requirements in paragraph (2) are met by that person. (2) The requirements are— (a)that the person is able to— (i)make the goods available for examination, or (ii)secure that the goods are made available for examination; and (b)that, except where regulation 13 applies, the person is established in the United Kingdom There is no mention of needing to own the goods. There may however be considerations regarding proof of export for VAT purposes for each party.

The courier will base their declaration on the information they have about the import. Duty is based on the hs / commodity code , the country of origin and the value of the goods. The value is based on the cost of the goods plus the transport costs plus any insurance amount. The courier does not calculate the duty that is calculated by HMRC based on the information supplied in the declaration. They can charge for their services and for paying the duties on your behalf. You cannot claim back duty from the carrier . If you think you have been overcharged duty then you need to ask the carrier for a copy of the declaration and make a reclaim to HMRC.

If company A is storing goods in the UK they are obligated to register for VAT . Imported goods will be subject to import VAT and customs duties if applicable. When goods are sold to customers then VAT should be charged and accounted for on their VAT return. If goods sold to customers from overseas warehouses are over £135 then the VAT simplification for low value goods below £135 no longer applies. Standard import procedures apply with import vat and customs duties being applicable. These taxes must be settled before goods are released. This may be that the recipients pays those taxes directly or the sender agrees to settle. If sales are made via an online marketplace that marketplace may specify how sellers deal with taxes and duties applicable on import. All details are published by HMRC https://www.gov.uk/guidance/vat-and-overseas-goods-sold-to-customers-in-the-uk-using-online-marketplaces