Commentary

702/9/12 VAT—Imports Customs procedures with economic impact and end-use relief

Part V8 HMRC Notices
Part V8 HMRC Notices | Commentary

702/9/12 VAT—Imports Customs procedures with economic impact and end-use relief

Part V8 HMRC Notices | Commentary

702/9/12
VAT—Imports Customs procedures with economic impact and end-use relief

October 2012

This notice cancels and replaces Notice 702/9 (November 2005).

1 Introduction and overview

1.1 What is this notice about?

This notice explains the import VAT treatment of goods which are—

  1.  

    —     entered into and removed from customs suspensive regimes;

  2.  

    —     supplied within Customs Warehouses;

  3.  

    —     entered into and removed from end-use relief;

  4.  

    —     re-imported under OPR after process/repair or replacement;

  5.  

    —     placed under transit.

In addition it gives guidance on the treatment of supplies of goods whilst within the above regimes and supplies of services associated with these goods.

For general guidance concerning import VAT, entry procedures, valuation for import VAT and exceptions to the normal rules for charging import VAT you should consult Notice 702 “VAT Imports” (Part V8).

This notice does not include guidance on Fiscal warehouses (or Tax Warehouses) which can be found in Notice 702/8. The only warehousing regime covered in this book is therefore Customs Warehouses.

The meaning of the terms and abbreviations used can be found in the glossary at Section 15.

Main narrative treatment—V3.302.

1.2 What has changed?

This notice has been rewritten to improve readability and to update the technical information. The main change concerns the removal of Free Zones. The information on certificates for zero-rating of services in section 12 has been changed to show that it has the force of law.

This notice replaces the previous version dated November 2005.

1.3 What is import VAT?

Import VAT is the transaction tax levied on imported goods. Goods are treated as imported when—

  1.  

    —     they

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