The following Value Added Tax guidance note by Tolley provides comprehensive and up to date tax information covering:
This guidance note provides information on the changes announced under the UCC with regards to customs procedures, imports and exports. This guidance note should be read in conjunction with the Union Customs Code ― overview guidance note.
As stated above, under the UCC, importers will be required to submit their import declarations electronically. Paper declarations will be phased out and further information is being provided by HMRC for the phasing out of paper declarations from now until 2019. The ‘Customs Declaration Service’ (CDS) is due to replace the CHIEF system and phased introduction of CDS is taking place from August 2018.
Four main changes were introduced under the UCC with regard to TS:
Businesses authorised to use TS prior to May 2016 were not required to have a guarantee from 1 May 2016. A guarantee will be required when the TS premises need to be reapproved under the UCC and this re-approval needs to be completed by the 30 April 2019 (Commission Delegated Regulation (EU) 2015/2446 , Arts 251, 254).
With effect from 1 May 2016, certain movements between TS premises became TS movements and no transit declarations were required providing the business provided sufficient information on the TS documentation that can be used to identify the goods being moved.
Any businesses seeking authorisation to use TS after 1 May 2016 will need to meet the new
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