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Post by joita97022 on Jan 8, 2024 23:48:54 GMT -6
If the seller does not decide to use IOSS then the import VAT may be settled by the courier company or postal operator. Customs clearance and payment of customs duties will be carried out by the purchaser of the goods himself. When is SOTI and when is WSTO? Imported goods at the time of sale may be: Outside the EU then the SOTI procedure can be used. On the territory of the EU then the ESPO procedure can be used. Regardless of whether we are dealing with SOTI or WSTO the seller will be able to use the IOSS procedure to settle Phone Number List import VAT . The new solutions aim to tighten VAT collection in crossborder transactions throughout the EU. Many of these solutions are dedicated to trading platforms that dominate sales to consumers but not only. The area covered by these changes the ecommerce industry. Is the most dynamically developing branch of trade which requires constant monitoring of changes in regulations about which we will keep you informed on an ongoing basis. Share with others: Up Previous article IntraCommunity distance sales of goods ESTO Next article Settlement in the IOSS procedure add comment We encourage you to comment on our articles. Express your opinion and engage in discussions with other readers.
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