§ Mr. Hillasked the Chancellor of the Exchequer what consultations have taken place between the collectors of customs in the six freeport areas within the United Kingdom with regard to excise duties and value added tax on commodities within the freeports' customs-free zones.
§ Mr. HayhoeShortly after the experimental free zone locations were announced, Her Majesty's Customs informed operators in detail about all aspects of the proposed free zone procedures. Consultations have since continued locally on a regular basis.
§ Mr. Hillasked the Chancellor of the Exchequer what legislation is being prepared on value added tax charges on the transfer of ownership of commodities within the customs-free zone of a freeport.
§ Mr. HayhoeNone. Value added tax on the transfer of ownership of goods within a free zone will be charged in the normal way under the Value Added Tax Act 1983.
§ Mr. Hillasked the Chancellor of the Exchequer how the proposed legislation on duties and taxes within the Southampton freeport customs-free zone will differ from the taxation systems of Rotterdam Europort and the port of Le Havre.
§ Mr. HayhoeGoods moving into the Southampton free zone for storage and/or processing would be relieved from 315W Customs duties and VAT at importation. Similar reliefs, on storage only, are available at individual warehouses in the ports of Rotterdam and Le Havre.