Hayley Price
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IP special procedure/postponed VAT
Good morning, We have an IP authorisation for the repair of goods which we use on our customs declaration for certain temporary imports. A recent shipment has come in to use which should have gone into this special procedure but has gone in to postponed VAT due to a transport company error, so treated as a purchase , and as I understand free circulation item. My questions is, do we need to get an amendment to this entry to show the correct procedure or can we account for this on our VAT return, this is showing on our postponed VAT statement, as this is not a purchase but a temporary import?