[vc_row][vc_column][vc_column_text]<\/p>\n
Customs warehousing is a process that enables non-UK products to be stored in the UK duty-free. When the commodities are released into free circulation, duty becomes payable. Additionally, a warehouse may be authorised as a tax warehouse. If the warehouse is not a customs and tax warehouse, excise duty will be charged when the products are received.<\/span><\/p>\n Customs warehousing might be advantageous for importers. It provides a storage facility that defers the payment of duty and import VAT until the commodities exit the customs warehousing procedure or enter another customs procedure. Warehouses for customs are managed by warehouse keepers who must be licenced by HM Revenue & Customs (HMRC).<\/span><\/p>\n [\/vc_column_text][vc_video link=”https:\/\/www.youtube.com\/watch?v=ML43udPLlnY”][vc_gallery interval=”3″ images=”727,728″ img_size=”full”][vc_column_text]<\/p>\n There are two types of customs warehouses where your products can be stored.<\/span><\/p>\n Public warehouse Private warehouse You do not need to be approved by HMRC to be a depositor in public or private customs warehouse. Still, you will need to be authorised as the warehouse keeper if you manage a private customs warehouse.<\/span><\/p>\n [\/vc_column_text][vc_gallery interval=”3″ images=”729,730″ img_size=”full”][vc_column_text]<\/p>\n You will be accountable for the following:<\/span><\/p>\n [\/vc_column_text][vc_gallery interval=”3″ images=”731,732,733,734,735″ img_size=”full”][vc_column_text]<\/p>\n 1) Releasing goods to free circulation<\/b><\/p>\n When you place warehouse items into free circulation, you are ‘discharging’ or removing them from customs warehousing, and you will be responsible for any duty owing.<\/span><\/p>\n To remove the products or declare them to another procedure, you must file a customs declaration. You will receive an electronic notification with the entry number, and you may remove the products once you have completed your declaration.<\/span><\/p>\n Additionally, you can remove your products using simplified declarations. If a simplified declaration was used to enter the warehouse, it cannot be used to withdraw the goods.<\/span><\/p>\n 2) Releasing goods to another customs procedure<\/b><\/p>\n No costs will apply if you transfer your products to another customs procedure, such as inbound processing or re-export them directly from the customs warehouse.<\/span><\/p>\n 3) Moving goods to another customs warehouse<\/b><\/p>\n You can move commodities in the following ways:<\/span><\/p>\n When transporting items between warehouses covered by the same authorisation, you will not be required to complete a declaration. You will still need to maintain track of the goods’ movement and placement.<\/span><\/p>\n When transporting products between various holders of authorisation, you must submit a declaration. Your permission letter will specify the modes of transport permitted.<\/span><\/p>\n 4) Removing goods as a new finished product<\/b><\/p>\n When commodities are removed from a warehouse, they might be classified as individual objects or components of a finished product. The components must be presented in quantities sufficient to produce a specified quantity of finished products.<\/span><\/p>\n The goods must have components that are sufficiently advanced to possess the key characteristics of the entire product.<\/span><\/p>\n Where a finished product has both UK and non-UK components, the non-UK components must contribute significantly to the finished product’s fundamental character prior to the addition of the UK components.<\/span><\/p>\n 5) Moving goods to duty-free stores, ships or aircraft<\/b><\/p>\n You can transfer commodities from customs warehousing to the following locations:<\/span><\/p>\n This is accomplished through the use of commercial documents; a list of required documents will be included in your permission letter.<\/span><\/p>\n 6) Retail sales in a customs warehouse<\/b><\/p>\n Retail sales are permitted in a customs warehouse solely for the following purposes:<\/span><\/p>\n [\/vc_column_text][vc_gallery interval=”3″ images=”736,737,738,739,740,741,742″ img_size=”full”][vc_column_text]<\/p>\n When you release your products to free circulation from a customs warehouse, you must pay any applicable Customs Duty and import VAT.<\/span><\/p>\n To determine the amount of duty you must pay, you will need the following:<\/span><\/p>\n If your items have been sold for export to the United Kingdom or the European Union prior to entering a warehouse, the value is based on that transaction. If in case there have been no sale for export, a sale in customs storage may be made. Utilise the duty and exchange rates in effect at the time of warehouse removal.<\/span><\/p>\n [\/vc_column_text][vc_column_text]<\/p>\n If the grounds for relief are met, you do not need to file a formal customs declaration to obtain relief on your own personal belongings reimported in accompanying baggage.<\/span><\/p>\n You must declare any additional reimported products in your baggage, such as commercial samples, at the red channel or redpoint upon arrival, and UK Customs may require you to submit a formal customs declaration requesting relief.<\/span><\/p>\n [\/vc_column_text][vc_gallery interval=”3″ images=”690″ img_size=”full”][vc_column_text]<\/p>\n Instruct the sender to clearly mark the package and accompanying customs statement as ‘Returned goods \u2014 relief claimed.’ The message must contain a detailed and precise description of the products, their quantity and value.<\/span><\/p>\n [\/vc_column_text][vc_gallery interval=”3″ images=”743,744″ img_size=”full”][vc_column_text]<\/p>\n Check if you\u2019re established in the UK for customs<\/a><\/p>\n Get an EORI number<\/a><\/p>\n
\nTypes of customs warehouse<\/b><\/h3>\n
\n
<\/b>A public warehouse is operated by a business to store goods from other individuals or companies. They act as a warehouse keeper, while you act as a depositor.<\/span><\/p>\n
<\/b>A private warehouse is one that you operate to store your own items. You are the manager of the warehouse and the depositor.<\/span><\/p>\n
\nStoring your goods in a customs warehouse<\/b><\/h3>\n
\n\n
\nRemoving your goods from a customs warehouse<\/b><\/h3>\n
\n
\n
\n\n
\n
\n\n
\n\n
\nPaying duty and import VAT<\/b><\/h3>\n
\n\n
\nGoods reimported in baggage<\/b><\/h3>\n
\n
\nPostal reimports of goods from outside the United Kingdom<\/b><\/h3>\n
\n
\nUseful Resources<\/h3>\n
\n