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Simplified Procedure for VAT Deposit Guarantee Exemption Still in Force Despite New EU Rules

  • The simplified procedure for exemption from guarantee in VAT warehouses is still in effect.
  • The introduction of national provisions complementing the EU Customs Code has not affected this procedure.
  • VAT warehouses are important for international trade competitiveness, allowing suspension of VAT on imports from third countries or in specific cases.

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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