We looked at this and our understanding is that sporting firearms can only be brought in under section 1331 if they are under £10,000 in value.
Is this the case..(?)
Our clients weapons are a matched matched pair of 12 bore Holland & Holland guns that were purchased from us in 2007 for £120,000. There are no licence implications because we are registered firearms dealers and the guns would be permanently stored at our shooting school in Northwood Middlesex.
I don't understand your answer at all regarding the second amendment and pleasure craft. That's nothing to do with my question.
You mention C&E 1331 in your earlier message to me and that sporting weapons can be imported on a temporary basis subject to HMRC authorisation.
I need to know if there if my clients guns worth £120,000 can be brought in on a temporary basis under this directive as my understanding is there is an upper limit of £10,000. Or will it be necessary for him to pay vat when the weapons come in from Jersey which can later be reclaimed when the guns are sent back to Jersey.
With respect, I think you have misread HMRC's guidance which is: For accompanied or unaccompanied effects: more than €10,000 in value, or for pets, sporting firearms and ammunition regardless of their value*, make a C 88 (SAD) declaration, (in box 37 quote CPC 53 00 D04 - for goods liable to duty and VAT or 53 00 003 for goods liable to VAT only).' This advice contains the word 'ór' not 'ánd'; this would indicate that the 10000 euro limit is not applicable to the second list of items.
Thank you that's very helpful, lastly is there a time limit - would the gun be liable to vat if it was with us longer than say 24 months.