Irish vat alterations announced
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OPERATORS carrying goods into the Irish Republic should note that value added tax must now be paid at the point of entry to the country.
It is important that senders' original carriage, insurance and freight invoices, properly signed and certified, should be provided, as vat is assessed on the CIF value of goods at the point of entry.
A full description of goods must also appear on invoices. Computer-type produced invoices with commodity codes will no longer be acceptable to the Customs staff. Packing lists may also be needed, and should be provided with each consignment.
Operators are also being advised to use the deferred payment of duty scheme, and are being recommended to contact their bank and the appropriate customs collector at Dublin, Cork, Limerick or Waterford. The alternative to the deferred payment scheme is to pay vat and, where appropriate, duty at the time of entry.
Sealink UK has warned its customers that it will not provide credit for payment of vat or duty, and that it will accept only bank drafts, cash, money or postal orders. It will also charge demurrage/storage or standage charges if vehicles are delayed on its premises beyond the accepted free period, because of delays in arranging Customs clearance.