The European Commission launched a public consultation on 12 July to aks businesses and the public for their views on possible VAT simplifications to facilitate customs centralised clearance.

“Centralised clearance” is a possibility for the importers that hold an authorization to both declare and pay customs duties to the customs administration of their Member State of authorisation, independent from the place of import and destination of goods within the EU. However, under the present VAT rules, the importers, even using centralised clearance, would still be subject to VAT obligations in each Member State of physical arrival and destination of goods. The aim of this consultation is to obtain views on a series of solutions relating to the possible adaptions of VAT collection rules.

The consultation will run until 31 October 2010. You can find more information here.

This entry was posted on Thursday, July 15th, 2010 at 12:11 and is filed under Customs, News. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.