The inward processing procedure allows a non-EU vessel to be relieved from customs duties and taxes when refitted or repaired in the EU customs’ territory.
The vessel arrives into the EU under temporary admission and is placed under the inward processing regime while it undergoes a refit. Once the works have been completed, the vessel has the choice between being replaced under the temporary admission or exported.
Note that this authorization for works suspends the temporary admission time limit.
YMCA can help you file customs formality to place a vessel under the inward processing regime.
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