Customs oldtimer

It depends on what terms you have agreed with your supplier. Your supplier should not charge you Italian VAT if they export the goods to you . they can zero rate the export provided they have proof of export. It is however up to the supplier to make the judgment that they are entitled to zero rate. If on the other hand you are collecting the goods then it’s likely that will change VAT as they will not have control of the export. As you are not VAT registered you will need to pay import VAT on entry to the UK. This will be based on the goods value that is what you paid plus any cost of transport .

Hi Goods being returned to the EU after repairs can be imported duty free but only if the cost of repair is covered by a guarantee , but is is not something that is automatically applied. Whist this duty free import is mentioned in the trade agreement it is left to the signatories to enact this in local legislation. Both the EU and UK have chosen to enact this by use of special procedures . So there is still a need to use the customs procedures such as the eu exporter /reimporter using outward processing where the goods have been repaired. In the case of a temporary export, returned goods relief needs to be declared. Once goods have left the EU they lose their free circulation status . So goods being returned are treated as new imports. The fast parcel carriers and other customs agents will therefore apply standard import procedures unless specifically requested otherwise . It is therefore down to the exporter/ importer to provide instructions to them if special procedures apply. Also as a point of note temporary import should not be used for goods imported with the intention of repairing them - inward processing should be used instead. In addition the Brexit legal guide is not an official publication .

As per my earlier post the zero duty rate could not be applied as the correct proof of origin was not provided. The requirement for the correct proof of origin between the UK and EU is set out in the EU - UK trade agreement . The requirement for an EU exporter to apply use a REX number is set in EU legislation. If the goods meet the origin rules then It is your supplier that will put their REX number and statement on the invoice or other commercial documents. If the goods are from some other country then a similar statement of preferential origin would be required .the exact requirements will depend on the text of the agreement.

Hi If there is no charge then you cannot use method 1 valuation. Nor can you use a 0 value. The importer must look at the other valuation methods to get a value for customs. Once it’s decided which method fits, that method must also be declared on the entry. https://www.gov.uk/guidance/valuing-imported-goods-that-are-free-of-charge-used-rented-or-leased

Hi Brian V DDP is delivered duty paid so that the seller accounts for duties and taxes in the. Country of destination. This would not apply to you as you as the buyer will be paying the duties and taxes. You do not need an EORI as an individual see HMRC guidance https://www.gov.uk/eori To quote directly ‘You do not need an EORI number if you’re moving goods that are for personal use only’ The courier just needs to declare your name and address instead of the EORI . You only need an EORI if you are a business ( including sole traders) You should be able to get a courier to collect the goods from your supplier . You will need to agree all costs with the courier company. I think the comment from talhariaz5193 Aziz is in response to the original post from Joanna Smith.

Firstly you should consider why you want to set up a UK Ltd company when you are not resident in the UK and do not wish to trade in the UK.

Hi A UK EORI number is not required if you are a private individual. EORI numbers are used in the EU and UK , Norway isn’t in the EU so don’t use the same systems or legislation. If you use a courier they will usually sort out all the customs formalities at export and import . They will usually deal with paying the taxes to HMRC.You just need to provide them with the information they ask for and sort out how you will reimburse them for taxes and duties. Some use online payments if you are not an account holder. Check with your chosen courier if they can collect from your supplier and perform export requirements for you. There are usually restrictions or complexity when a non resident is wanting to be an exporter .

Hi Joanna Smith What are you waiting to be checked.? HMRC can’t check anything based on the info you have provided. They don’t know who the carrier is when the declaration was made or the declaration reference number. They are suggesting that you should check with the carrier and confirm everything has been paid.

If you are the importer and accounting for the import VAT then your UK supplier won’t charge you VAT as well. Make sure you use the correct invoice ( from your uk supplier) when declaring the import value. If your supplier was importing in their own name then selling on to you they would charge VAT.

The VAT rules are much more complicated now we are not in the EU. The VAT triangulation simplification no longer apply if an UK company is involved in the transaction.
I really suggest you get some specific advice on this transaction. In the situation you describe their are two sales transactions
1 .Italian supplier company B is making a sale to company A
2. company A is making a sale to company C.
To zero rate the VAT company B must - either export the goods from the EU or - make an intra EU supply to a VAT registered business in another EU country.
Neither appears to be the case here so if there is any doubt company B would be within their right to charge local VAT. You may also find you will need to register for VAT either in the EU country where the goods are sent from or the country where the goods are received or possibly so where else in the EU . Again I strongly suggest you get advice.