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Thread: Good news for EU members
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11-10-2008, 07:39 PM #1Senior Member
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Good news for EU members
... (3) The value limit of ECU 22 set out in Article 27 of Regulation (EEC) No 918/83 has not been increased since 1991, whereas at the same time customs duties have been significantly reduced or even abolished. Accordingly, it is appropriate to increase the value limit for consignments of negligible value. ...
... Article 1
... 3. in Article 27 the value of ECU 22 shall be replaced by EUR 150;...
... Article 2
... It shall apply from 1 December 2008.
Read here.
Regulation (EEC) No 918/83 setting up a Community system of reliefs from customs duty.
Regards,
Viktor
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The Following 3 Users Say Thank You to Viktor For This Useful Post:
BeBerlin (11-10-2008), darrensandford (11-11-2008), Estroncio (11-10-2008)
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11-10-2008, 09:33 PM #2Senior Member
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Originally Posted by Viktor
Viktor, these very well informed.
Up to 22 euros were exempt from customs duty. From that value had to pay tariffs of 4% + 16% VAT = 20%. In practice in Spain paid only orders exceeding $ 100. Except for the shipping agency "FedEx, UPS, etc". they pay all without exception because separate charge a premium for the efforts customs.
Best regards
Dioni
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11-10-2008, 10:49 PM #3Thread Killer
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Does this mean imported item under 150 euros will be exempt for tariffs and VAT? If that's the case it'll be a devastating to a lot of european online businesses.
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