Wavecrest Ltd

Hi,

I know that it has been a while - but have been very busy with work. Still need to get this customs / duty / VAT issue sorted before I begin importing. I have not imported anything for business use before. So here's the situation - I get sent a package from abroad - the commodity code is

4909000000

It comes under other products of the printing industry. The goods are sent to my home address. I have paid approx £100 for the goods and deciding to sell them for about £200 (for example). When do I notify HMRC and pay for the duty / customs / VAT? How do I let them know that I have received goods from abroad? Also how can I prove that the value of it is £100?

Thanks for all you help.

Hi there its Malik the post you recently replied on, I believe you have a shipping company.

Anyway I wanted to import all sorts of fruit and veg, garments, and may be frozen fish from Bangladesh.
Also I wanted to export cars to Bangladesh aswell so if you can help me out I would be very thankful.

Thanks

Malik