Commentary

V3.317 Special procedure—transit

Part V3 Supplies, acquisitions and imports

V3.317 Special procedure—transit

V3.317 Special procedure—transit

Transit is the name given to the procedures under which goods may move through different countries, or through parts of the same country, before arriving at their final destination, without the need to pay duty/VAT, or to lodge full import/export declaration at each border point. The duty/VAT which might become due in the intermediate countries is normally secured by a guarantee1 which is discharged when the goods arrive, and duty/VAT accounted for, at the final destination. An individual guarantee should be used if goods are to be moved no more than three times per year; in other cases,

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