Jeffreyqqy Adam
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RE: How to be fully compliant when importing goods from China with DDP terms?
Dear all, I'm reaching out for some guidance regarding a matter I find myself entangled in, related to importing goods under DDP terms. As a retailer in the UK, I'm considering purchasing a batch of goods from China. It appears that the freight forwarder involved has their own EORI number and takes full responsibility for the customs declaration and duty payment process, subsequently delivering the goods directly to my doorstep. Given this setup, the freight forwarder acts as the Importer of Record, whilst I essentially take ownership of the goods once they land in the UK. However, the freight forwarder is reticent to share detailed documents related to customs duties and VAT. This leads me to a couple of pivotal queries: As I'm not listed as the Importer of Record, does this absolve me from needing import proof for these goods, allowing me to simply rely on the transaction records I possess? In the absence of detailed import documents from the freight forwarder, would maintaining comprehensive records of purchase orders, payment receipts, and contracts with the freight forwarder suffice to meet the requirements for legality and tax compliance? I place great emphasis on adherence to regulations and wish to ensure my business operations align impeccably with legal and regulatory standards. I'd be immensely grateful for any advice or guidance on how to navigate this situation while maintaining the utmost integrity and compliance. Thank you ever so much for your assistance.