Added value duty calculation where different temporary export goods are involved
Information on added value duty calculation where different temporary export goods are involved.
The value-added method is applied for in the case of temporary export goods subject to a preferential zero duty rate; therefore, the value-added method of taxation may be applied only where:
- the temporary export goods are of UK origin
- the temporary export goods had been released for free circulation at a duty rate higher than zero
Where the value-added method of taxation is requested covering several temporary export goods, and some of these are not of UK origin, or had not been released for free circulation at duty rate higher than zero, the value-added method of taxation may nevertheless be applied by excluding these goods from the arrangements. For this purpose, the value of these temporary export goods could be added to the processing costs of the processed products.