VAT on importations in Belgium shifted to periodic VAT return

31 August 2012

Under Belgian law, the payment of VAT due on importation of goods can be shifted to the periodic VAT return rather than paying VAT to Customs. In order to be able to benefit from this system, taxable persons have to request an import deferral license and pay a bank guarantee of 1/24th of the import VAT due.

It has been announced that as of 1 October 2012 the guarantee will no longer be required.


Find out more about VAT in Belgium
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