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Book a 15 min export Q&A session with our export expert Rob Elliott.
If you have any queries we can help by giving you the answers and advice you need to make the process as simple and stress-free as possible.
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Prior to shipments reaching their destination, IFE Clear handles customs declarations and duty obligations using DDP (Delivered Duty Paid) incoterms.
Ensuring customers WILL NOT be hit with any unforeseen costs. It also eliminates the necessity for import VAT payments throughout Europe.
Relax while your shipments move along without interruption thanks to DDP incoterms, which, unlike DAP, do not require your shipments to stop while VAT and tax are paid.
Contact our team directly for more information.
Email: road@ifeuk.com
Tel: 01400 223 664
Download our Regime 42 Guide
Simply enter your details below to instantly be send our Regime 42 guide to help assist your through this process.
What is customs procedure 42?
The Customs DDP regime 42 is a process that EU importers can follow to get VAT exemption. Using this scheme, you can import goods from outside the European Union (EU) to an EU Member state and then transport them to another member state. This is known as Intra-community supplies.
Instead of the importer paying VAT when the goods are imported into the EU the VAT is assigned to the purchaser in the 2nd Member State.
However, the 2nd Member state with be taxed at a 0% VAT rate. This way no one has to pay any VAT!
Normally you will be charged when your goods enter a EU country however by using regime 42 you can bypass this step saving you a great deal of time and money.
The Benefits of Regime 42
- Reduced transit time – your goods won’t be delayed waiting for import VAT to be paid before the goods can leave. Furthermore, on average this saves half a driver’s shift duration.
- Reduced costs on trailers
- VAT advantages – 0% VAT rates on exports out of the UK
- Shippers have more control over freight as there is no requirement for the older T1 procedure – you don’t have to stop at the customs office.
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