HMRC has updated three notices that focus on importing and exporting reliefs.
Notice 221 replaces the September 2007 notice of the same name and incorporates and replaces Notice 221A from January 2012. It has been extensively rewritten.
The notice explains inward processing where payment of Customs import duties and import VAT may be suspended (or later repaid) when goods imported from outside the European Union (third-country goods) for processing are then re-exported/exported from the EU.
This notice replaces the December 2012 notice of the same name.
The notice provides guidance on the relief from customs duties when you reimport EU goods that have previously been exported from the EU for processing, or for repair using Outward Processing Relief (OPR).
It explains the conditions under which you can claim the relief. The update covered contact details, the removal of OPR Customs Procedure Code details, other than for simplified authorisation, and the inclusion of civil penalty information that can result in a penalty of £2,500 per contravention.
This notice replaces the August 2012 notice of the same name.
The notice explains the customs procedure and relief available under PCC arrangements.
The update covered contact details and the inclusion of civil penalty information that can result in a penalty of £2,500 per contravention.