Problem. Bring a production line to the customer. To issue a VAT deferral upon registration.
It was necessary to import equipment worth 4,200,000 Euros. The volume of the line was 15 awning trucks of 10-20 tons - this was a serious project for us and our client.
Preparatory work began in 2.5 months, the customs approved a package of permits for customs clearance of this production line.
To do this, it was necessary to agree with the fiscal authorities on a checklist of units and determine a single code. It is important that this list does not change later and the weight corresponds to the stated. This stage passed without problems.
The next step was to submit an application to customs, with a request for deferral of VAT. According to the law, one of the requirements is to provide the original invoice, after which you have to wait up to 30 days for the customs decision to defer payments.
Since the customer did not agree on this point with the supplier, the manufacturer was able to provide a commercial invoice only when the goods were shipped. This is the specifics of foreign companies that use the SAP ERP system for internal and accounting, which does not allow the issuance of such documents in advance.
As a result, there could be a cost of idle 15 trucks while the customs examines the full package of documents. Downtime losses could be as high as $ 45,000.
Also, in the procedure of customs clearance with VAT deferral there are certain restrictions, which we wrote about in our article. The savings in this case turned out to be questionable. Therefore, it was decided to register the goods in the mode of normal import.
Import clearance took place "day by day", in just 5 days the entire line was cleared through customs, ie 3 cars a day. In most cases, the inspection was avoided, which saved on the transport terminal.
Customer Review - Alexey Afanasyev, LLC "UKRAINIAN MINERAL FERTILIZERS"
I liked that everything went well in the end, despite all the shoals of the Germans and ours. This is the most important thing - the result. What I did not like - that the final invoices must be a month before delivery, which in our case was impossible. What can be done better: it was often unclear what exactly to write in which papers, in what form. Need either some well-honed clear forms to fill out or greater involvement of your specialists in technical issues. Well, your broker is very cool, hello.
