
Customs Warehousing
Import Duty and VAT Deferment
Richard Johnston Ltd is HMRC approved to store imported goods under Customs Warehousing. This allows our customers the benefit of deferring the payment of import duty and VAT on imported goods stored in our warehouses.
When goods are required for delivery they can be picked and moved efficiently allowing our customers to maximise the use of their cashflow. within their business.
Some of our customers use Customs warehousing as an opportunity to bulk purchase their products. Buying ahead when exchange rates are favourable and knowing that there is no need to pay the import duty and VAT until the goods are to be moved from our premises is a key benefit to the savvy importer.
