Customs Management Services
A Customs Warehouse and Inwards Processing offering that allows you to transact a sale of an asset into and out of the ecube St Athan - UK facility with minimal administrative burden.
Suspended Tax Regimes
Aircraft originating from non-UK operators can be ferry flown into ecube St Athan - UK and imported under a suspended tax regime known as Customs Warehouse. Customs Warehouse is an authorisation from the government tax authority, allowing suspension of VAT and duty for non-UK goods for an unlimited amount of time.
Deferred Tax Liabilities
The deferred tax liabilities can be discharged during the throughput period in one of four ways, by a customs declaration which:
- Declares the assets to ‘Home Use’ (UK free circulation) by payment of the VAT and duty.
- Transfers the assets from our customs authorisation to another party which also holds an appropriate customs authorisation.
- We can transfer from IPR or Customs Warehouse to similar regimes held by another company.
- Re-exports the assets to a location outside of the UK.
- The export instruction must be directly from ecube