Introduction The Excise Movement and Control System (EMCS) is a computer system used throughout the United Kingdom and the European Union to track duty-free movements of excise items. EMCS collects and processes information on the movements of duty suspended excise items online, verifies the data entered, and notifies users in real-time of the delivery [...]
Continue reading
Introduction 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 [...]
Continue reading
Introduction A Designated Export Place (DEP) is a location recognised by HMRC for the consolidation of export consignments and presentation to customs inland for clearance. This enables customs clearance of products prior to their removal to the port or airport for export. At the port or airport, normal procedures will continue to apply, including the [...]
Continue reading
Introduction The Returned Goods Relief (RGR) programme enables a physical item that was previously imported into a territory, to be reintroduced into that territory without the need to repay tax (because this was accounted for at the time of its initial import). Aircraft are ideal examples of 'goods' that often move between jurisdictions and tax [...]
Continue reading
Introduction With a Temporary Admission authorisation, you can keep imported goods in the UK for up to two years before re-exporting them. You will be exempted from paying the import duty or VAT on these items. To use Temporary Admission, you must request authorisation. Some examples of such goods can be professional equipment, auction items, [...]
Continue reading
Introduction Outward Processing allows traders from the United Kingdom to temporarily export goods from the UK for processing or repair in an EU country or any other country in the rest of the world. The process enables the traders to claim full OR partial duty relief when the goods are re-imported to the United Kingdom. [...]
Continue reading
Introduction Inward processing enables imports of raw materials or semi-manufactured items to be processed for re-export within the UK, without the companies requiring to pay customs tax or VAT on the imported goods. There are two distinct ways; one permits suspension of the duty, while the other requires less or delayed payment. Authorisation Requirement by [...]
Continue reading
Introduction Customs valuation is the process of determining the value of goods or commodities for Government taxation purposes. The customs value serves as the foundation for the following activities: computing the customs duty, imposed as a percentage of the total worth of the products and is known as 'ad valorem' duty calculating the VAT on [...]
Continue reading