What is it about?
- Applicable as of Jan 1, 2022
- Mandatory Deferral of import VAT to the VAT return via reverse-charge for any VAT registered person in France
- Hence, no cash impact
- No prior authorization needed
- VAT return to include details of imports.
- An online VAT declaration will be pre-filled automatically with the amount of import VAT due
- The pre-filled VAT declaration will be made on the 14th of each month
- A web-service available from customs.gouv.fr, will allow the taxpayer liable to account for the Import VAT to obtain the detail of the pre-filled amount.
- Deadline for filing the VAT return will become the 24th of each month for all businesses liable for Import VAT
Source
