Articles
What should we know about customs procedure 42?
Although customs procedure 42 has been applied in Lithuania for a number of years, there are still questions from declarants and companies on how to declare goods and what actions should be taken … after customs clearance. We provide an overview of the questions and answers and also point out why fiscal representation in Lithuania is rarely used.
Jolanta Diktanienė
What should we know about customs procedure 42?
Although customs procedure 42 has been applied in Lithuania for a number of years, there are still questions from declarants and companies on how to declare goods and what actions should be taken after customs clearance. We provide an overview of the questions and answers and also point out why fiscal representation in Lithuania is rarely used.
Jolanta Diktanienė
Fiscal representation in Belgium, Germany and the Netherlands
This article explains, how a company can import into and sell from Belgium, Germany and the Netherlands using a fiscal representative. The main benefit of using fiscal representation is to avoid … actual VAT payment at the moment of import by using customs procedure 42 or a license for deferring the import VAT.
Jan van Beek , Anja van der Horst
Fiscal representation in Belgium, Germany and the Netherlands
This article explains, how a company can import into and sell from Belgium, Germany and the Netherlands using a fiscal representative. The main benefit of using fiscal representation is to avoid actual VAT payment at the moment of import by using customs procedure 42 or a license for deferring the import VAT.
Jan van Beek , Anja van der Horst
Lithuanian Customs Activity Report 2019
The Lithuanian Customs annually publishes the Customs Activity Report for the previous year. Let us take a look at some of the information in the report, starting with what, in our opinion, is … the most important for the business - the results of the on-the-spot post-clearance audits, showing where the business make costly mistakes.
Enrika Naujokė
Lithuanian Customs Activity Report 2019
The Lithuanian Customs annually publishes the Customs Activity Report for the previous year. Let us take a look at some of the information in the report, starting with what, in our opinion, is the most important for the business - the results of the on-the-spot post-clearance audits, showing where the business make costly mistakes.
Enrika Naujokė
Videos
Glossary
Import procedure 42: VAT-exempt supply in EU
Customs procedure 42 is a mechanism that an EU importer uses to obtain a VAT exemption. It is applied when goods imported from outside the EU into a Member State will be transported to another … EU Member State. In such cases, the VAT is due in the latter - the Member State of destination.
Import procedure 42: VAT-exempt supply in EU
Customs procedure 42 is a mechanism that an EU importer uses to obtain a VAT exemption. It is applied when goods imported from outside the EU into a Member State will be transported to another EU Member State. In such cases, the VAT is due in the latter - the Member State of destination.