Distribution - JDE1 (MOSC)

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JDE E1 Functionality for Tracking and Reporting Inward Processing (Inward Processing Relief)

in Distribution - JDE1 (MOSC) 4 commentsAnswered ✓

We are looking for E1 functionality that will help us track and report on Inward Processing requirements for the EU for our company in United Kingdom.

Inward Processing (previously known as Inward Processing Relief or IPR) allows for the relief from customs duty and import VAT on the importation of non-EU goods that are processed* and\then exported outside the EU. If the goods are released for free circulation in the EU then they might be liable for a lower rate of customs duty and import VAT. Excise duty may also be suspended when goods are entered into IP.

Has anyone found functionality to assist with this tracking and reporting requirements?

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