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76 members of the Seimas voted in favor of the amendment to the law and there were no speakers against or abstentions.
“Consumers can currently import goods into the European Union from third countries without VAT, as long as the threshold of € 22 is not exceeded.
And in the case of distance trading within the EU, there is no such threshold, which puts EU people at a competitive disadvantage as they have to pay VAT when selling goods to EU consumers, regardless. of the value of the goods.
Therefore, it is proposed to harmonize these rules at the EU level, that is to say, to waive the import VAT deduction for such small shipments of goods ”, states the explanatory note of the adopted VAT law.
As already announced, the European Commission estimates that the € 22 discount will cost the Community around € 1 billion per year. € 4 billion in VAT due to abuse of this benefit. euros.
At the time, research by public policy analysis and consulting firm ESTEP showed that last year the Lithuanian business sector did not receive 142 million LTL due to e-commerce from third countries. 18 million euros in revenue. EUR: low value shipments. This is about 1 percent. the entire turnover of the Lithuanian retail trade.
As previously told Delfi Mantas Mališauskas, Head of the Internal Revenue Department of the Rodl & Partner consultancy, it is quite common for shipments from third countries to be incorrectly priced or declared as gifts. However, with the abolition of the benefit, fraud in this way will no longer be successful.
According to the procedure valid until July 1, 2021, if the value of the merchandise does not reach 22 euros, VAT is not paid. If the merchandise exceeds 22 euros but less than 150 euros, VAT must be paid. In Lithuania, the standard rate of this tax is 21%, 9%. I need to pay for the books.
If the value of the merchandise is greater than 150 euros, then not only VAT but also customs duties must be paid, which depend on the type of merchandise. Shipment may still be subject to excise duty if it contains alcohol or tobacco. A customs clearance fee calculated by the transporting company, for example Lietuvos Paštas, can also contribute to the final price of a shipment that exceeds 150 euros.
The new regime was due to come into effect on January 1, 2021, but due to the COVID-19 pandemic, the implementation of the so-called e-commerce package was postponed for 6 months.
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