- Legislative Decree No. 141/2024 came into effect on 4 October 2024, changing Italy’s VAT on importation regime.
- The reform reclassifies VAT on importation as a border duty and aligns with the Union Customs Code.
- It replaces the Consolidated Text of Customs Laws and revises the sanctions system.
- The reform introduces the EU single window for customs and proposes a new division of responsibilities among authorities.
- Article 27 includes VAT on importation as a border duty, with exceptions for certain customs regimes.
- Regime 42 allows goods to be imported into an EU Member State for transfer to another without VAT at the border.
- Regime 45 applies to goods destined for VAT-registered entities in another EU Member State, also without VAT at the border.
- Both regimes aim to facilitate intra-EU trade by reducing administrative and financial burdens.
Source: vatabout.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.
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