Value Added Tax Act 1994 Schedule 9ZB paragraph 2

Valuation of imports

Schedule 9ZB paragraph 2 sets out how goods imported into the United Kingdom through Northern Ireland are valued for VAT purposes, using the relevant Northern Ireland import duty valuation rules rather than the standard UK import valuation rules.

• Goods entering the UK via Northern Ireland are valued as if for relevant NI import duty purposes, whether or not they are actually subject to that duty.
• The standard UK import valuation rule in section 21(1) does not apply to these goods.
• The additional valuation provisions in section 21(2) to (7) continue to apply, but adapted for the Northern Ireland context, including references to member states alongside the United Kingdom.
• References to the temporary admission procedure under UK customs legislation (Part 1 of TCTA 2018) are replaced by references to the corresponding procedure under EU Union customs legislation.