Levente Petrity
Joined: 4/2/2024
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Import VAT on imported Zero Rate VAT products
Hi, I am trying to figure out how do handle the following situation and what forms do I need to do this. I want to import chocolate powder from EU country. As per the Trade tafiff, there is no import duty as the product is produced in EU. Harmony code: 1806907010 The product is VAT zero rate in the UK as per the Trade Tariff and VAT guidelines. Upon import do I have to pay 20% VAT? I am currently not registered for VAT, but to claim back the import VAT I need to be as far as I know. Do I have to claim back the 20% VAT added import VAT or is there a way for us not to even pay it in as the product is Zero rated? I tried to call HRMC helpline but they could not give me an aswer. Thanks