SPE13500 - Supply Balance (economic code 05): supply balance certificate extracts (NI ONLY)

Note: This manual is under review following Brexit and is likely to be withdrawn. If there is anything within this manual you use regularly, please email hmrcmanualsteam@hmrc.gov.uk to let us know. Please check the other guidance available on GOV.UK from HMRC.

As the certificates can only be used once, when the quantity of goods included on an IP application under economic code 05 is less than the quantity on the certificate, the remaining balance on the certificate will be lost. The trader can however apply for an extract from the main certificate to divide the total amount into smaller certificates. A trader may also wish to do this if they want to be able to transfer the rights for only part of the certificate.

Extracts can be applied for at any time during the period of validity of the certificate.

Note - Northern Ireland (NI) Customs Authorisations will continue to fall within the provisions of the Union Customs Code (UCC), as retained by the European Union (Withdrawal) Act 2018 and CEMA 1979