Advance Valuation Ruling Service Available To All
The Advance Valuation Ruling Service is now available to agents who represent traders who cannot use a Business Tax Account.
The service provides traders with legal certainty on the valuation method of goods they are importing into the UK, for a period of 3 years.
Traders and the agents who represent them using a Business Tax Account have been able to apply for a ruling since April 2023.
The service is not mandatory, but it provides reassurance that a chosen valuation method is correct and assists in the completion of customs declarations.
To sign up to use the service, traders will need:
-a Government Gateway user ID
-An EORI number
Click here for more information.