Revenue aims to educate about EMCS

HMRC have published online information aimed at educating taxpayers about the workings of the excise movement and control system (EMCS).

The document includes the legal background of EMCS, tips on getting started, advice on managing the system, and different trading roles. It also comes equipped with guidance documents that can be downloaded here and here.

EMCS – described as ‘a computer system which will capture and process information in respect of all movements of excise good in duty suspension within the European Union’ – is awaiting its second stage of introduction, due on 31 December, when all EU member states must provide a system to submit and discharge movements online.

HMRC reminds individuals and businesses that from 1 January ‘all UK traders dispatching and/or receiving duty suspended excise good to and from the EU must use EMCS.

‘EMCS must also be used for intra-UK movements except for movements of energy products and those meeting the criteria for simplified procedures as defined in part 9 of the Excise Goods (Holding, Movement and Duty Point) Regulations 2010.’

The Revenue warns that, in accordance to the requirements for moving excise goods from the place of release to free circulation, only a registered consignor will be able to start a duty suspended movement on release of excise goods to free circulation.

The department offers instructions on how to become a registered consignor, which involves completing an online form that is scheduled to be available this week. Further details on the approval process are expected to be published shortly.

Issue Extract

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Issue: 4275 / Categories: News