I need some precisions about the proforma invoice mentioned above.
The supplier in the EU that has transformed the goods will be shipping them to us in the UK.
So my understanding is that we import them on a proforma invoice and pay UK VAT on the basis of the proforma invoice. Is this proforma invoice in the name of our company, shipping to our company?
Or should I ask the EU supplier to issue the proforma invoice shipping to us in the UK.
Note: All the the materials are sourced in the EU before transformation.
thank you for the link. However I am struggling to see what applies in our case.
- The goods are custom made - I will not be able to find any similar one
- The goods will be used to make a larger item in the UK (complex manufature and design costs added on), which is also bespoke and cannot be compared to anything else.
1. Can we base the value on the price of the material purchased in the EU + the price of the transformation invoice in the EU?
2. How do I declare the value when I cannot provide a combined invoice (paperwork)?
My company is planning to buy some goods in one EU country (invoicing our company for goods). We will then take those goods directly to another EU country, where a different company will transform them (invoicing us for services).
We need to then import the transformed goods into the UK.
How does that work in terms of declaration? What value are we declaring and can we do one declaration with 2 separate invoices from our EU suppliers?
Thank you for your guidance