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How to Avoid Prefinancing VAT on Importation of Goods in the EU

  • This article provides guidance on how to import goods in the EU without paying VAT
  • The article covers the difference between Deferred payment and Postponed accounting
  • It also discusses the conditions for VAT exemption on importation of goods
  • EU countries have implemented special measures to avoid paying VAT at the customs border
  • All Member States apply either postponed accounting, deferred payment, or both
  • Conditions for applying these mechanisms are determined by each country

Source: vatdesk.eu

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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