- Buying commission is fees paid by importers to agents when buying imported goods
- Tasks agents carry out include finding suppliers, inspecting goods, arranging insurance and delivery
- Buying commission can be excluded from customs value if payment is shown separately
- Evidence required to exclude buying commission includes contracts and documentation
- Requests to amend customs declaration to exclude non-dutiable elements will be considered case by case
- If no evidence of buying agency arrangements exist, buying commission should be included in customs value
- Buying commission is subject to VAT under the reverse charge procedure
Source: gov.uk
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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