- VAT deduction rules for imports via indirect representatives will be strengthened
- Importers not classified as risky by the Hungarian Tax Authority and subject to monthly declarations can have VAT deducted by their indirect customs representative
- If the importer is not considered reliable, VAT deduction is only possible after partner verification
- Importers with a delayed import VAT assessment license can use this procedure if their customs agent is a reliable taxpayer, regardless of previous conditions
- Indirect customs representatives must declare goods details per import
Source: taxand.com
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.
Latest Posts in "Hungary"
- Hungary Issues VAT Group Succession Guidelines Covering Transition Period Requirements
- ECJ Rules VAT Refund Administration Fees Taxable in Hungary for Non-EU Customers
- New Hungarian VAT Guidelines for Accommodation Cancellations: Key Insights and Provider Actions
- Hungary Introduces Stricter Invoice Data Reporting Rules with Million Forint Penalties
- Hungary Enforces Stricter E-Invoice Rules, Rejects Submissions with Errors from September 2025
