Skip to content


Custom Warehousing - Reports - Duty/VAT Liability

Sequoia v1.0

Warehouse Premises & consignee defaults

Your Customs Warehousing Authorisation is covered by a guarantee agreed by HMRC.
You can use the Duty/VAT Liability report to check that goods currently under the Customs Warehousing procedure do not exceed the limit of this guarantee.

  1. Click 'Find Warehouse Stock' (located within Customs Warehouse module)
  2. Select 'Stock on Hand' from the saved search criteria box
  3. Click the 'Search' button - this will result in all stock items with goods in stock being displayed in the list of results.
  4. Right click any of the displayed records and select 'Duty/VAT Liability Report' from the context menu. The resulting list gives details of the duty and VAT due on the stock balance.
  5. The list shows the
    • Value of the stock remaining,
    • Exchange rate used to convert the value to GBP (if necessary)
    • Duty percentage for the commodity code and the VAT rate (Standard, zero etc).
    • Totals of Customs Duty, VAT and ADD/CVD are displayed at the bottom of the report.
  6. Customs duty is calculated using the standard duty rate specified in the tariff, unless the stock item record indicates that a valid preferential rate applies. The 'Notes' column to the right of the list states if there is any reason the Duty/VAT cannot be calculated (see below).
  7. If anti-dumping duty (ADD) or countervailing duty (CVD) applies to the goods, the percentage must be entered on the 'Stock Item' record for the goods otherwise it will not be calculated on the report. This information is not available in the electronic customs tariff.
  8. The columns on the Duty/VAT liability report can be re-ordered or removed if not required
  9. The report can be exported to Excel, PDF, Rich Text, HTML or Plain Text for further reporting by clicking on the required option on the report toolbar