Temporary storage is when goods imported from outside the EU are temporarily stored under customs supervision before they’re:
- placed under a special procedure
- released for free circulation
- exported outside the EU
When you put imported goods into temporary storage you must immediately show them to the authorities by completing a temporary storage declaration, using a customs approved electronic inventory system.
By doing this, you can defer the full customs declaration and payment of taxes until the end of the permitted storage period.
Goods can only be held in temporary storage for a maximum of 90 days. If this time limit expires you’ll have to pay the duty and VAT, and may have to pay a penalty.