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The Commodity Codes to be used throughout the system. A commodity code is an International Code which can be assigned to all goods.

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• Commodity Codes in Vision Commerce are used to classify Products; every Product should have the correct Commodity Code so that the Type of Product can be identified.

  • Products assigned the wrong Commodity Code will be assigned the wrong Taxes and Duty

• Once you have saved the Commodity Code for the first time, you are unable to change the code.

This screen enables you to maintain Excise Duty and Customs tables.

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• Some of the fields in this section are used when setting a new rate but you can also change the Excise and Customs Calculation type.

• Use Codes that are defined by HMRC when creating a new Duty Rates

  • For example 451 for Spirits

  • Once this has been saved for the first time you are unable to change the Code and Description

• The method of calculation will be used with both the Excise and Customs are

  • LOL - Litres of Liquid (In general used by Wines)

  • LOA - Litres of Alcohol (In general used by Spirits)

• Current and Previous effective dates and current Excise Duty and Customs Duty Rates respectively

  • The Effective Date is the date that these rates come into operation.

    • If you are creating a new Duty then the date will show the current date.

  • The Current Excise and Customs Duty Rates will be shown in fields against the LOL or LOA labels depending on which was chosen during setup.

    • If you are creating a new Duty then the values here will all show zero.

• These sections are provided to make it obvious when a Rate has been updated.

Additional Notes

• HMRC publish rates in LOA, LOL, HLOA, and HLOL

  • In general, the wine rate is published in HLOL so please remember your calculation needs to change this to LOL.

  • You will have to enter a Customs Duty Rate in addition to an Excise Duty Rate, this cannot be left as zeros.

  • The use of this is then controlled by the Customs Duty Paid Flag on the Purchase Order entry as shown in more detail on the Purchase Order Tab page.

• Excise Duty Rate in either LOL and LOA – this is the UK Duty

• Customs Duty Rate in either LOL and LOA – this is the EU Duty

• See the HMRC Website pages regarding Duty Rates:
  https://www.gov.uk/government/publications/uk-trade-tariff-excise-duties-reliefs-drawbacks-and-allowances/uk-trade-tariff-excise-duties-reliefs-drawbacks-and-allowances