Billing & Collection

 
 


This used to be the company’s core business.
Ever since 1910, I.T.S. FABRY has built a solid reputation for competence and reliability.
Various solutions are offered to maximize savings and improve procedures.

Customs


I.T.S. FABRY can guarantee that you will appreciate its exclusive services designed to save time and reduce transportation costs.
These include:

Requesting visas and licenses on your behalf
Customs clearance at the border in record time
Flexible working hours (Saturday morning service upon request)
Possible clearance arranged outside normal Customs normal working hours
Constant updating on the whereabouts of your goods

Conveniently located near Brussels, at the pulse of Europe, I.T.S. FABRY offers considerable geographic advantages. Its two agencies strategically placed on the Franco/Belgian border, within easy reach of the main European Highway Systems, allow fast access to/from Belgium, Holland, Germany, Great Britain and all major ports and industrial centers.

CASE
 

... A US manufacturer of food processing equipment started selling in Europe.
Machines are produced in the United States, shipped for demonstration in Europe, brought to the warehouse for
reconditioning and finally sold to clients.
 
 

 
CHALLENGE
 

... All demonstrations were for a short period of time during tradeshows and could not be delayed at any time.
The value of equipment required special import procedure to avoid payment of duties up front and to be modified according the outcome of each sale.
 
   

 
ACHIEVEMENT
 

... I.T.S. FABRY would pick up this expensive equipment at the manufacturing plant and ship it for Demo in one of
the European State under temporary import regulations.
The machines were then shipped to various exhibitions throughout the region with extremely short lead-time.
All tradeshows were attended; all Customs regulations complied with and finally the equipment was returned to the warehouse,
cleaned and prepared for final delivery.
 
   


Excise

Excise duties
are a form of indirect tax. Currently, excise duties are levied on the consumption of certain goods, such as oil derivatives, tobacco products, alcohol drinks, petroleum etc….. The rates applied depend on the products that are subject to taxation, and can be ranged as specific excise (for oil derivatives and alcohol drinks), proportional excise (for lubricant oils) and combined excise (for tobacco products)
Under Article 93 (99) EC, the Council is required to adopt measures for the harmonisation of "turnover taxes, excise duties and other indirect taxes" where this is "necessary to ensure the establishment and functioning of the Internal Market."

However, the rates and structures of excise duties vary between Member States, affecting competition.
Levying duties on products from other Member States at higher rates than on those domestically produced is discriminatory, and forbidden by EC Treaty Article 90 (95);
Very large discrepancies in the duty on a particular product can result in tax-induced movements of goods, in loss of revenue and in fraud.

Attempts have therefore been made since the early 1970s to harmonise both structures and rates; but progress has been slight, in part because of considerations other than the purely fiscal. (For example, high levels of duty have been imposed in some Member States as part of general policies to discourage drinking and smoking. On the other hand, wine and tobacco are important agricultural products in some Member States.)

Some examples of excise duties throughout Europe.
Still wine
values in eur at 1/10/2002

Minimum excise duty: 0 EUR per hectolitre of product

Sparkling Wine

values in eur at 1/10/2002

Minimum excise duty: 0 EUR per hectolitre of product

As you can see excise duties are far from harmonised. However, as a company you have the obligation to pay the duty of the country of destination.
Through its years of experience I.T.S. Fabry has been able to organise a Network throughout Europe to enable excise duties laws to be paid lawfully in each member state.
Whether you are selling wine to individuals or to multinationals all over Europe and Outside Europe (Russia, Roumania etc…) we will know how to help you.
For further information click here.





 

 

 

 


INTERNATIONAL TRADING SERVICES