Mandy Lockett

We are based in the UK (Company A) and purchasing from our Italian distributor (Company B) who will direct ship to our S Ireland customer (Company C). Company B is stating to Company A that they need to charge Italian VAT at their rate of 22% is this correct. Any advise please

Has anyone used or have information regarding exporting goods from the UK to the EU under Procedure 42. Thanks Unlike traditional customs procedures, where customs duties and VAT have to be settled when goods reach European Union territory, the customs procedure known as “procedure 42” allows the company concerned to benefit from an import VAT exemption if certain conditions are observed.

Thanks Sunil and apologies as I need further clarification. to clear the goods from our Customs Warehouse to free circulation if using the purchase value on the import declaration would we be the importer on record and the exporter on record

Goods coming into our UK customs warehouse we would use the purchase price of the goods from our supplier. Goods being sold from our customs warehouse should we use the purchase price or sales value