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Thursday, April 25, 2024

VAT policy revision on postal shipments to EU countries from July 1

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With regard to postal shipments to the European Union (EU) and its member countries, the VAT policy which was implemented by the EU will be revised on July 1, Post Master General Ranjith Ariyaratne said.

While issuing a statement, the Postal Department said tax regulatory changes will be applicable to all goods (except letters) imported to the EU member countries with effect from July 1, including for postal customers, online sellers and online market places.

Accordingly, EU Member States such as Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and Sweden will be implemented with the new VAT policy revision.

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