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The European Union (EU) is making important changes to its value-added tax (VAT) rules, which come into effect on July 1, 2021.
From 1 July 2021 the value added tax (VAT) exemption for the importation of goods with a value not exceeding EUR 22 will be removed. As a result, all goods imported to the EU will be subject to VAT. The Import One-Stop Shop (IOSS) was created to facilitate and simplify the declaration and payment of VAT for distance sales of imported goods with a value not exceeding EUR 150.
From 1 July 2021, all commercial goods imported into the EU from a third country or third territory will be subject to VAT irrespective of their value. Thus, the buyer has to pay the VAT and usually a customs clearance fee charged by the transporter. Our product prices do not include all taxes. Thus, for EU buyers, we must require you to provide THE IMPORT ONE-STOP SHOP (IOSS) before sending your order in order to pay New EU 2021 VAT Rules for Ecommerce. Or the buyer must pay the value-added tax under the new EU rules when the package is cleared.
For more information on changes to EU customs regulations, please refer to:
For information about EU VAT rates, please visit the website of the European Commission and the website of the national tax authority:
IMPORTANT NOTE TO ALL CUSTOMERS ABOUT CUSTOMS TAXES
- We can't guarantee that you will or will not be charged any customs taxes or duties, EU VAT. You are responsible for all applicable customs, duties, EU VTA, taxes and fees charged by your government. Please contact your country's customs office for respective charges and rates on package.
- Shipments from all of our warehouses are delivery duty unpaid. Therefore, any and all customs or import duties are charged once the parcel reaches its destination country. If any,these charges must be paid by the customers.Customers take full liability for all return shipment costs, customs charges and handling fees should they refuse to accept a parcel due to import duties or taxes. Please note that according to customs regulations, IULOVER cannot declare purchased items as a gift or list an amount that lower than the actual product price.
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