Paying import duties, excise duty, consumption tax and VAT can be postponed!
NBK has a customs warehouse. In a customs warehouse, non-union goods are stored under the suspension of import duties and VAT. Storing goods in a customs warehouse has the advantage that the payment of customs duties can be postponed until the moment of sale. Depending on the final destination of the goods at sale, customs declarations are submitted and customs duties are paid.
There are additional requirements for transportation of customs goods. More information about the transportation of customs goods can be found via this link.
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Do you like to know more about the conditions for the storage of customs goods in our customs warehouse or the transportation of customs goods? Please contact us!
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