A customs debt on import is caused by non-compliance with the obligation to clear the inward processing procedure in good time. That customs debt is extinguished when it is demonstrated that the goods have not been used or consumed and have left the customs territory of the Union. There is no “use” when the goods have undergone only the processing operations authorized by the customs authorities under the inward processing procedure.
Source Tiberghien
Latest Posts in "European Union"
- Scope of Standstill Clause in VAT Directive for New EU Member States: Spanish Representation Expenses
- EU Refers Spain to Court for Failing to Transpose VAT Directives into National Law
- EU Refers Spain to CJEU Over Failure to Transpose Two Key VAT Directives
- EU Court Rules VAT Applies to In-Game Asset Sales; Not Exempt as Financial Services
- ECJ Rules VAT Applies to Trading In-Game Assets for Real Money, In-Game Gold Not Exempt
