Customs Procedures: A quick guide to using customs warehousing to store the goods and delay duty pay
Автор: CustomsDeclarationsUK
Загружено: 2021-09-16
Просмотров: 6376
Customs warehousing is a process that enables non-UK products to be stored in the UK duty-free. When the commodities are released into free circulation, duty becomes payable. Additionally, a warehouse may be authorised as a tax warehouse. If the warehouse is not a customs and tax warehouse, excise duty will be charged when the products are received.
Customs warehousing might be advantageous for importers. It provides a storage facility that defers the payment of duty and import VAT until the commodities exit the customs warehousing procedure or enter another customs procedure. Warehouses for customs are managed by warehouse keepers who must be licenced by HM Revenue & Customs (HMRC).
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https://www.customs-declarations.uk/
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