Commentary

101 Deferring duty, VAT and other charges

Part V17 Customs duties

101 Deferring duty, VAT and other charges

101
Deferring duty, VAT and other charges

February 2016

This notice cancels and replaces Notice 101 (May 2004).

1 Introduction

1.1 What is this notice about?

It's about the Duty Deferment Scheme and how to apply for a Deferment Approval Number (DAN) to defer paying HMRC charges due on—

  1.  

    —     imports; and

  2.  

    —     certain home-produced and home-manufactured goods.

These charges are normally payable when the goods are—

  1.  

    —     imported; or

  2.  

    —     removed from a customs or an excise warehouse or from a free zone.

By deferring, you delay payment until a later prescribed payment day.

You can access details of any changes to this Notice since May 2004 either on our website or by phoning the Excise Helpline.

1.2 Who can defer payment?

You can defer payment if you are—

  1.  

    —     an importer;

  2.  

    —     an owner of goods in warehouse or free zone; or

  3.  

    —     an agent (including warehousekeepers) who enters goods for importers or owners; and are

  4.  

    —     approved and hold a Deferment Approval Number (DAN) which identifies your duty deferment account.

1.3 How does deferring help me?

Mainly, it helps because—

  1.  

    —     you delay paying the charges for an average of 30 days;

  2.  

    —     you don't have to pay immediately each time you want to clear your goods. By inserting your DAN on import entry documentation you can settle a month's charges with a single payment using the convenience of direct debit; and

  3.  

    —     we can normally clear your goods more quickly because we don't have to handle payments for each transaction.

1.4 How does deferring help HMRC?

For us, it is

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