Revenue have issued the following notification;

Goods valued in excess of €10,000, subject to certain exceptions, require that a valuation declaration C&E No. 563(DV1) be completed and declared on Import entries using Box 44 code N934. Alternatively, where importers are engaged in regular trade with the same seller(s), authorisation may be granted through a General Declaration C&E No. G563a, the authorisation reference number must be declared on the Import entry using Box 44 code 1D03.

Where declared, importers or their agents are obliged to have the necessary declaration available for inspection if requested by Customs.

Obligations

Subject to certain exceptions, all consignments in excess of €10,000 require the declaration of particulars relating to the customs value of the goods being imported.

Exceptions: A declaration is not required in respect of an importation:

1. Where the customs value of the imported goods in a consignment does not exceed €10,000. This is provided that the consignment does not constitute a split or multiple consignment from the same consignor to the same consignee; or
2. Where the importations involved are not of a commercial nature; or
3. Where an ad valorem rate of duty does not apply; or
4. Where the goods are liable to VAT only and the importer is registered for VAT purposes; or
5. Where fruit and vegetables are valued under the Unit Prices system.

The requirement as to whether a declaration is required is indicated in Box 12 of the SAD. Appendix 5 of the Trader Guide provides a list of the appropriate codes. (see below for updated Appendix 5)

Where a trader buys goods regularly from the same supplier(s), they can request a General Declaration C&E No. G563A with their Local Revenue Office. This will replace the need for completing a declaration for each import declaration. This will normally remain valid for a period of three years provided the particulars remain the same.

Form C&E G563 (valid for an individual consignment):
http://www.revenue.ie/en/customs/forms/c-and-e-g563.pdf

Form C&E G563A (valid for 3 years):
http://www.revenue.ie/en/customs/forms/c-and-e-g563a.pdf

Click here to view the full notification from Revenue.

Also Appendix 5 of the AEP Trader Guide has been updated accordingly, click here to download the updated guide.