“The movement of duty-suspended alcohol is controlled by HMRC and foreign customs authorities. Alcohol may be stored and moved between bonded warehouses within the EU without the payment of excise duties.
However, once the business needs to release the alcohol to retail outlets, the excise duty becomes payable at the rates applicable in the host country. As a result, UK duty was due as soon as the alcohol was diverted from the UK bonded warehouse to the UK market.”
Confiscation proceedings are currently underway. I suspect they won’t be keeping the wine!
Tax Barrister, Accountant
Eamon also respresents accountants at complaints and disciplinary hearings