Why?
- Abolition of the import exemption for consignments of a value ≤ EUR 10-22 => All imports become taxable!!!
- Even with a high take-up of the IOSS, the number of imported low value consignments will be high in absolute terms
What?
- MS MUST allow the use of (existing) simplified customs procedures for monthly global declaration and payment of import VAT (to customs)
- MS MAY allow the systematic use of the standard VAT rate
- The declarant must only pay VAT which has effectively been collected from the consignee
- The declarant must take appropriate measures to ensure correct VAT payment by the consignee
- Record keeping obligations for the declarant
Note:
- Standard import declaration required for all small consignments (but the volume of imports will require the recourse to simplified declarations)
Special arrangements – How it works
- Only for imports of small consignments (<150Eur)
- Alternative special arrangements for declaration/payment import VAT for distance sales of goods from a 3rd country when OSS not used
- Import subject to VAT
- MS may impose standard rate
- Customer liable for import VAT – payment via agent (declarant)
- Limited to customers in import country
Above 150 Eur => Standard import arrangements
See also
- Chapter 1 – Current VAT rules on Distance Sales of Goods (Before July 1, 2021)
- Chapter 2 – Legislative acts for the implementation of the new E-Commerce VAT rules
- Chapter 3 – Services: Improvements to the Mini One Stop Shop in 2019-2021
- Chapter 4 – New art. 33 in the EU VAT Directive 2006/112/EU – Place of Supply Rules for Distance Sales of Goods
- Chapter 5 – Union scheme – Extension of the OSS
- Chapter 6 – Extension of the OSS to distance sales of imported goods (Import scheme)
