Sylvie's is hosting a public wine auction that can be followed live in the auction room, by phone and online.
We offer the wine in lots. A lot contains 1 or more bottles. A feature of public auctions is that as a buyer, you have a duty to research a lot before bidding and there is no right of return.
The smallest unit of wine we ship for you is a lot. We pack your wine and, if you wish, also arrange your transport. Packaging costs are included in your buyer's premium.
When your wine leaves for a destination outside the European Union, your carrier will have to prepare the export documentation. We will provide the documentation up to the air- or seaport.
The lots at the auction can be consigned by both companies and individuals. The difference in origin leads to a different calculation of value added tax (VAT) on purchases with a final destination within the European Union.
Consumer input gives lots subject to the margin scheme, where the wine itself is no longer subject to VAT, but the buyer's premium still is. Most lots at auction are so-called 'margin lots'.
If you buy a lot contributed by a company, the VAT on the wine has not been charged in the past and must still be paid. You can see in our catalogue that it is a lot subject to VAT because this is written next to the lot. You cannot collect VAT-registered lots in person at the counter, unless your billing and shipping address is located in Belgium.
If your company has an alcohol licence in the European Union, you can use an intra-community delivery and reverse the VAT.
You will not receive VAT on your invoice when you ship the wine to a destination outside the European Union.
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