Boi trading uk options
A list of countries enjoying preferential tariff advantage can be found in the Tariff, Volume 1, Part 7. Preference procedures are explained in Notice Tariff preferences imports and Notice European Union preferences - export procedures. Non-preferential origin - is the basis of all other Tariff measures. The legal provisions relating to BOI are contained in:. Anyone who gives untrue information in their application for a BOI decision may be liable to penalties under the Customs and Excise Management Act , sections , and You can buy copies of OJs from:.
However you must be able to prove, if asked, that the goods declared are identical in all respects to the goods detailed in the BOI , including the circumstances of their production as they affect origin. If you cannot prove this the BOI will have no legal effect. You still have to provide us with the normal documentary proof of origin on importation and exportation. We issue BOI decisions for preferential and non-preferential goods.
But we consult the BIS about applications for non-preferential decisions. As long as you have a valid interest in the origin of goods to be imported or exported you may apply for a BOI. However, only the holder may invoke a BOI. Copies of this form can be obtained from the VAT, Excise and Customs Helpline or alternatively you can print a copy from our website, - see paragraph 2. A summary of the information you need to provide in your application is listed in paragraph 2.
You have to make a separate application for each BOI you want, because each application only covers one product. But it will cover subsequent consignments of identical goods. You cannot use a BOI decision for goods that have already been imported or exported.
Whether binding information is required under the preferential or non preferential legal framework. The Tariff classification of the goods and their ex-works price note: The explanation should include:. Any samples, photographs, plans, catalogues or other documents which may illustrate the composition of the goods, their constituent materials or the manufacturing process.
Any information to be treated as confidential and whether this is in respect of the general public or other EU administrations. Your acceptance that the information supplied may be stored on a database by the European Commission and the non-confidential information accessible to the general public.
Certain sections of this form are classified as confidential and will therefore not be accessible to the general public. But you should tell us if you want any of the information in your application to be treated as confidential. We may check any application for BOI. We may also check goods for which a BOI has already been issued. We aim to issue BOI decisions within 45 days from the date when the application was accepted, even though EU law gives us days.
We consider an application to be accepted when we have all the necessary information to enable us to issue the decision. But, you may have to pay any costs we incur in analysing samples, taking expert advice or returning samples to you. If we do not think that the import or export will actually take place or if you have not provided enough information for us to issue a decision.
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