Sellers in France who hold a VAT tax number can apply to the French tax authorities to adopt the reverse billing mechanism, which means that when the goods enter French customs, they do not need to pay the import VAT first during customs clearance. Then, together with the following Understand whether France can apply for VAT deferral? What are the conditions?
1. Can France apply for VAT deferral?
France can apply for VAT deferral.
2. Conditions for applying for VAT deferral in France.
1. Within the 12 months prior to application, at least four import movements must be completed at customs within the EU.
2. Keep detailed records of import duties and value-added tax.
3. There have been no violations of tax and customs regulations in the past 12 months.
4. The financial situation in the past 12 months was good.
In recent years, France has withdrawn all requests from sellers to apply for extension of declaration, as long as the following conditions are met.
1. Sellers must pay VAT in France.
2. Sellers can be located inside or outside the EU.
When the seller subsequently declares VAT, he still needs to fill in the import VAT amount and pay it according to the “output tax-input tax” method. It should be noted that although the seller does not need to pay when importing Import VAT does not mean that it has not paid this responsibility. Therefore, when the seller subsequently declares VAT, he needs to fill in the amount of import VAT and then pay it.
Import VAT deferral is a customs declaration method that can avoid the import VAT payment and tax refund process. At the same time, the risk of applying for VAT tax refund is also greatly reduced, and sellers do not need to apply.
The above introduces the relevant knowledge about whether France can apply for VAT deferral. In order to apply for import VAT deferral, the seller needs to provide a valid French VAT number and French EORI number, and no prior reporting is required. VAT deferred clearance at customs. Therefore, sellers need to understand the relevant application requirements and precautions to ensure that they can successfully use this customs declaration method of import VAT deferral. The French Internal Revenue Service requires eligible sellers to register and declare French VAT in accordance with the regulations. When cross-border E-commerce platforms such as Amazon also have the same tax compliance supervision responsibilities. Only sellers with VAT codes can officially sell.