- Extinction of customs obligation does not apply to VAT in case of confiscation
- New clarifications provided by Customs Agency in circular no. 13
- Seizure and confiscation cause extinction of customs obligation
- Distinction between extinction of customs obligation and extinction related to excise and VAT
- Imposition of excise and VAT occurs at the moment of consumption
- Clarifications based on recent EU Court of Justice ruling
- Imposition of excise and VAT only upon entry into national economic circuit
Source: eutekne.info
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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