NEW E-COMMERCE RULES (NO. III) New VAT rules for import of the goods of small value

From 1 July 2021, the VAT exemption for goods imported into the EU worth up to EUR 10/22 will be abolished. All commercial goods imported into the EU from a third country will thus be subject to VAT, irrespective of their value. The customs duty relief for goods with an intrinsic value not exceeding EUR 150 imported into the EU remains in place. That means that no customs duty has to be paid for goods in a consignment imported into the EU whose intrinsic value does not exceed EUR 150 (except for alcoholic products, perfumes, toilet waters, tobacco and tobacco products). More information please find in the link below.