Registered Excise Dealers & Shippers

Registered excise dealers and shippers (REDS) are traders who have been approved by HMRC to receive duty-suspended excise goods from other EU member states. REDS cannot hold goods in duty suspension and must account for duty owed on a duty deferment basis immediately

REDS must normally account for the duty when the excise goods are received by them or by the importer on whose behalf they are acting. They declare the duty due on monthly returns, and payment is then deducted from the relevant duty deferment account on the 15th of the next month.