Exemption from import VAT under the "Customs Procedure 42"

Welcome to the series of videos on “Customs procedure 42” in the EU. The series consists of 3 videos:

• In the first, we explain what is the "Customs procedure 42" and what are the legal requirements to apply it.
• In the second, we look at the Enteco Baltic case worth 4.5 million euros! The case was heard in the Court of Justice of the European Union (2019) and the consequent decision was made by the Lithuanian Supreme Administrative Court (2020).
• In the final part, we introduce you to the changes of the EU VAT law, which came into force in 2020 and have significantly reformed the essential part of the "Customs procedure 42".

You will find supplementing material in the resources part. After watching the course, check your knowledge by taking the quiz!