There are 3 ways in which an authorized business entity can take advantage of VAT deferral, says Claudiu Ardelianu, Director General of the Romanian Customs Administration (AVR). He made these statements during an EY Romania event.
Below are his statements:
“1. In addition to other mandatory conditions for paying taxes, absence of fiscal obligations, fiscal records, customs, etc., they must have transactions of more than 50 million lei. Apply to us, it’s a whole procedure you know.
2. Centralized customs clearance. That is, the UEO operator (authorized economic operator number) goes and submits a customs declaration at the customs office where he is located. It is not bound by any kind of permission.
If it happens on the spot that my colleagues ask for permission, please contact us. Automatically, when goods arrive at customs, they communicate with each other and clear customs at the point of presentation.
3. Operator registration. Customs clearance is required. This can be recorded directly in your documents, and then the goods will not be presented to customs.”
Photo source: Dreamstime.com
Source: Hot News
Lori Barajas is an accomplished journalist, known for her insightful and thought-provoking writing on economy. She currently works as a writer at 247 news reel. With a passion for understanding the economy, Lori’s writing delves deep into the financial issues that matter most, providing readers with a unique perspective on current events.