Commentary

702/7/19 Import VAT relief for goods supplied onward to another country in the EC

Part V8 HMRC Notices
Part V8 HMRC Notices | Commentary

702/7/19 Import VAT relief for goods supplied onward to another country in the EC

Part V8 HMRC Notices | Commentary

702/7/19
Import VAT relief for goods supplied onward to another country in the EC

March 2019

This notice cancels and replaces Notice 702/7 (December 2013).

1 Overview

1.1 Information in this notice

This notice explains how VAT-registered persons who import goods from outside the EU may claim 'Onward Supply Relief' or 'OSR' from the import VAT that would otherwise be chargeable.

Regulation 123 of the VAT Regulations 1995 gives the Commissioners power to impose conditions on the relief. Those conditions have the force of law. Where those conditions appear in this notice, they're marked 'This section has force of law'.

Main narrative treatment—V3.336.

1.2 Who should read this notice

This notice is of interest to anyone who is or will be importing goods from outside the EU (whether on their own behalf or on behalf of another person) in the course of a supply to a person in another EU country (or 'member state').

1.3 The law

The relevant law is set out in:

  1.  

    —     Directive 2006/112/EC (The Principal VAT Directive) art 143

  2.  

    —     VATA 1994, s 47

  3.  

    —     VAT Regulations 1995,reg 123

  4.  

    —     VAT Regulations 1995, reg 134

2 Onward Supply Relief (OSR)

2.1 Who is eligible to use OSR

A

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to TolleyLibrary or register for a free trial