Recent content by Riddm

  1. R

    Stock valuation

    Hi All, We sell a product, which is returned to us due to statutory warranty. We provide a credit for the full selling price and take these devices back. How should we value this stock? If we decide to destroy these devices for spare parts- how do we value these? Thanks
  2. R

    Import VAT

    Bump, Directive 8 eu refund, I believe is the document that will answer my question but it is flying above my head. Can anyone assist?
  3. R

    Import VAT

    The stock initially came from Taiwan. The stock is replacement parts for in Warranty products. We move the stock from China to a central warehouse in Czech republic, where it sits. When the repair sites are low on stock and require replacement parts to fix products we then distribute the parts...
  4. R

    Import VAT

    Deloitte has a document on eu VAT refunds, but I can't make much sense of it. Can anyone advise on the situation?
  5. R

    Import VAT

    Any import vat reclaiming exports about?
  6. R

    Import VAT

    Hi Guys, Can someone please explain the procedure of reclaiming import VAT for this situation. Company A based in UK has stock sitting in a central warehouse in Czech (company B). The stock is moved from company B to company C, which is a warehouse in South Africa. The stock ownership is...