SPE13365 - Equivalence: Standardised exchange of information using the EU Trader Portal.(NI ONLY)

Note: This manual is under review following Brexit and is likely to be withdrawn. If there is anything within this manual you use regularly, please email hmrcmanualsteam@hmrc.gov.uk to let us know. Please check the other guidance available on GOV.UK from HMRC.

NI ONLY PAGE

The standardised exchange of information using the EU Trader Portal is a regulation format form used to identify the quantity of equivalent goods being exported, this subsequently provides the office of entry details of the amount of goods that can be entered to IP and released to free circulation without payment of customs charges.

The standardised exchange of information using the EU Trader Portal is raised in the Member State where the equivalent goods are presented for export. It is retained by the authorisation holder or passed by the holder to the person they have named in their authorisation to receive the transfer of rights and obligations (TORO). The form is presented again to offset duty due when replacement goods are being entered to IP.

Standardised exchange of information using the EU Trader Portal is completed by the exporter authorised for PEE, the original and copies 1, 2 and 3 must be completed. The quantity of import goods to be entered to the movements at a later date should correspond to the quantity of processed products obtained from equivalent goods exported under PEE arrangements.

The quantity on each standardised exchange of information using the EU Trader Portal raised builds up a ‘credit’ for PEE which may then be discharged/run down by others authorised to enter the replacement goods. These persons must be named on the IP authorisation. There may be a number of traders authorised for this and named in the IP authorisation but, when the standardised exchange of information using the EU Trader Portal is completed, only one trader should be named.

https://www.gov.uk/guidance/using-customs-special-procedures

Note - Northern Ireland (NI) Customs Authorisations will continue to fall within the provisions of the Union Customs Code (UCC), as retained by the European Union (Withdrawal) Act 2018 and CEMA 1979