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Post Info TOPIC: VAT claim on imports
greenled


Newbie

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VAT claim on imports
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Hi All,

I have recently started a LIGHT business and I will be importing products from China. 

I had applied for my VAT on 12th Mar-15,  yet i haven't received it. Now my goods are ready for collection at port in Felixstowe. I got dummy EORI number using which I should be able to clear customs and collect the goods but the VAT i will be paying now, will I be able to claim that?

I just enquired with the VAT department and they said there is a huge back-log of application and still they are processing application of 1st-Mar-15.  so i really don't see it coming through for next two weeks (that includes Easter holidays)

Will I be able to claim VAT on these goods once i get my VAT number?

Regards,

Sonal



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leshoward


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The answer is Yes! You will be registered for the date you originally entered on your Application form, even though you will not receive confirmation until a few weeks later. As a matter of completeness, you can claim VAT on import on any goods imported up to 4 years prior to the date of registration, as long as you have not sold those goods before registration.
Hope that makes sense!

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greenled


Newbie

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Thanks a lot for the quick reply. 

Regards,

Sonal



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greenled


Newbie

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Posts: 4
Date:
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Hi All,

Finally after a couple of months wait time, I got the confirmation that my VAT is registered and its registered from early March.

Now my question is I imported the good in mid-march and at that time i did not had the VAT number. I applied for dummy EORI and collected my good from the port by paying the VAT. 

I have now got my EORI changed, how should i claim the paid VAT on my import goods?

 

Regards,

Sonal



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Cheshire


Master Book-keeper

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Hi Sonal
See above - Les has answered this for you.

__________________

 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position
greenled


Newbie

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Yes, I have seen Les response.

I just wanted to know the process of claiming the VAT. Normally HMRC sends you C79 form but in my case i did not receive it as it was my dummy EORI.

Do I need to call them and ask for the C79? or is there any other process to follow?

 

Regards,

Sonal



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Cheshire


Master Book-keeper

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Date:
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Hi Sonal
Sorry I didnt spot that little word 'how' - I really must slow down and read things properly! Ive only ever had a situation with a wrong VAT number on it, plus I seem to recall some daft HMRC system where you have to write in to get copy C79s. To be honest - the staff on the imports helpline are really helpful so I would be tempted to phone them and see what they say. Sorry I cant help more!


__________________

 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position
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