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VAT in EU Countries

Nbeads Support
posted this on Jun 09, 2022 at 11:04 PM

  • According to EU government's new policy on imported goods, from 1 July 2021, the VAT rules on cross-border business-to-consumer (B2C) e-commerce activities will change. The rationale for these changes is to overcome the barriers to cross-border online sales and address challenges arising from the VAT regimes for distance sales of goods and for the importation of low value consignments.

     

    To comply with the regulation and for the convenience of customs clearance process, changes are also made on our website for parcels that are going to be exported to EU countries. Please review below details before order and if you still have any question , please free feel to send emails to our customer service: [email protected]. Thank you.

     

    Whether or not to pre-charge VAT will be depended on your total declared value. Below are the details:

     

    a. For total declared value Less than 150EUR

    If you do not provide your EORI number or company name, when you place the order, our platform will pre-charge VAT on behalf of customs and then transfer it to your local government. Once your order arrives in your destination country, you don't have to pay extra money for VAT or customs duty.

     

    b. For total declared value No Less than 150EUR

    Our platform will not pre-charge VAT, but you have to pay for VAT and customs duty to your local government when goods arrives at your end.

     

    Total Declared Value/EUR VAT Customs Duty
    <150 Pre-charged no duty incur
    ≥150 Charged at your end Charged at your end

     

    *You may get some helpful information from the following web pages


    1.Taxation and Customs Union - European Commission

    https://ec.europa.eu/taxation_customs/

     

    2.VAT for e-commerce

    https://ec.europa.eu/taxation_customs/business/vat/vat-e-commerce_en

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