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HMRC internal manual

Customs Special Procedures Manual

Equivalence: prior export equivalence and preference

Where preferential tariff treatment is available on goods originating in the EU, such treatment will be on condition that import duties relieved on any goods that were processed under IP and incorporated in the EU goods, are paid. The applicant therefore has the option of benefiting from relief using equivalence or preference but not both.

Where preference is claimed in conjunction with equivalence, a customs debt will be incurred when the customs status of the goods changes. If common stocking or prior import equivalence is used, this will be at the time of acceptance of the export declaration. Where prior export equivalence is used the debt arises when the replacement goods are entered to IP.

*Council Regulation (EU) 952/2013, Article 86(3); Commission Delegated Regulation (EU) 2015/2446, Article 74 *