- import VAT
- The VAT chargeable on imported goods. For the purposes of VAT, the value of imported goods includes any other taxes or duties charged at import. HM Customs & Revenue Glossary
Financial and business terms. 2012.
import VAT
Look at other dictionaries:
import VAT certificate — Official evidence of VAT paid on imported goods before recovering the VAT as input tax. The normal evidence is the monthly certificate, known as Form C79. HM Customs & Revenue Glossary … Financial and business terms
VAT-free imports from the Channel Islands — Many low valued exports of goods from the Channel Islands to the United Kingdom are exempt from value added tax (VAT) due to the operation of an EU tax relief called Low Value Consignment Relief (LVCR). LVCR is not limited to the Channel Islands… … Wikipedia
Grey import vehicles — are motor vehicles and motorcycles, which may be imported, either brand new or used, from another country, where they are more readily available and competitively priced. The term grey import, in reference to the grey economy refers to an item… … Wikipedia
Value Added Tax-free Exports from the Channel Islands — are exports of goods from the Channel Islands on which value added tax (VAT) is not levied. In recent years, companies in the United Kingdom have expressed concern at the competition thereby offered to their goods on which VAT is… … Wikipedia
customs warehouse — A place approved by HM Customs and Excise for the storage of goods without payment of import duty. Import VAT is also suspended during storage of warehoused goods. There are several different types of Customs warehouse. While most approvals are… … Financial and business terms
ASPD — Aircraft Spare Parts Depot a location at which imported spare parts for certain aircraft can be stored without payment of customs duty or import VAT. Only spare parts for eligible aircraft can benefit from the ASPD regime. In order to be… … Financial and business terms
Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… … Universalium
Tax — Taxation An aspect of fiscal policy … Wikipedia
Customs — This article is about import/export tariffs. For other uses, see Custom (disambiguation). Customs, Tolls or Duties of the Corporation of Kinsale (1788) Customs is an authority or agency in a country responsible for collecting and safeguarding cus … Wikipedia
Value added tax — Taxation An aspect of fiscal policy … Wikipedia
