HMRC’s Advance Valuation Ruling Service (AVRS) is now live. You can now get legal certainty on which valuation method you choose for imported goods, for a period of 3 years. Customs valuations are complicated and we are introducing this new service to make things simpler.
You do not have to use this service but it will help to facilitate trade by providing certainty on the correct method of customs valuation.
The UK currently offers legally binding decisions for:
Advance Tariff Rulings – these provide legal certainty on the correct commodity code, which can then be used to determine the correct duty and taxes
Advance Origin Rulings – these provide certainty on the economic nationality of goods, when importing and exporting. For imports, this provides legal protection against any UK customs authority challenging the country of origin of the product. There are 2 types of origin – preferential (which features in the UK’s trade agreements) and non-preferential
Binding Tariff Rulings – these provide legal certainty on the correct commodity code for importing into the EU or Northern Ireland
Binding Origin Rulings – these provide legal certainty on the economic nationality of goods when importing or exporting from Northern Ireland
How to sign up
If you want to sign up for AVRS, you need:
- a Government Gateway ID
- an EORI number