Procedure 4200 involves import of the non-EU commodities to the territory of the EU with subsequent delivery of these commodities to some other EU country, also called the intra-Community supply with import VAT deferment.
Procedure 4200 is dedicated to the foreign businesses importing goods to the EU via the territory of other country.
The benefits are as follows:
What you need to do:
Prices for the service in Germany/Belgium/Netherlands are at the following level:
:: Fiscal customs clearance – customs clearance in Germany (in procedure 4200, no VAT charged on import), it contains one tariff line. The cost of clearance for reporting to the office statistical (Intrastat) and to the tax office in Germany along with the monthly one briefings summaries, supplementing data on the purchaser, e.g. tax identification number EU and customer registration with EORI and NIP EU verification.
:: Additional tariff line in the customs declaration – for goods with different customs codes.
:: Additional container in one customs declaration – maximum number of containers in one customs declaration.
:: T2L document – includes 3 items in the price. Document issued when the goods are cleared leaves the German area by sea.
:: T2L document – additional tariff lines (from 4th)
:: B-Number at T2L – for an additional report on Feeder after check-in in e.g. Hamburg.
Please contact your tax advisor to confirm and discuss all the details involved. The procedure require several formal preparations and are not suitable for start-up businesses. Always take several scenarios into consideration especially when it comes to taxes.