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Jenvey Dynamics statement on trading with the EU at the end of the transition period

Jenvey dynamics shoot 85

Dear European Customer,

As you know the UK has left the EU, and the transition period ends this year on the 31st December.

We do not anticipate any problems shipping products.  We already dispatch worldwide using UPS paperless invoicing which uploads, electronically, all invoice information to UPS to share with customs.  From the 1st January 2021 we will transition all EU shipments onto this system which is a simple checkbox process on our software.

We plan to maintain our current EU shipping prices and we will absorb the new UPS EU shipment charge that UPS are going to apply.

There will of course be import duty to pay.  This we leave to you.  If we leave without a deal, and under WTO most favoured nation terms, I believe that the duty will be 2.7% on all our products + any administration fee.  I would estimate total to be 6%.  Tax / VAT will be payable but EU Tax/VAT registered business’s will be able to reclaim it as usual.

Jenvey eori GB478912695000

Tarriff code - 8409910040 - inlet manifold systems for SI and CI engines

Shipping Incoterm = DPU – Delivered At Place Unloaded

If you have any concerns, or believe my statement to be incorrect please email sales@jenvey.co.uk

Thank you again for your business and we look forward to continuing our relationship for many years.

 

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