From 1 January 2015 favourable changes in VAT for companies importing by Polish seaports entered into force. Thanks to them, the VAT payers with the status of Authorised Economic Operator (AEO) are entitled to settle the amount of tax due on imports of goods in the tax return VAT-7.
All companies with the status of authorised economic operator from 1 January have the possibility to extend the deadline for VAT settlement on imports. The proposal is to depart from the deadline for payment of VAT on imported goods during the period 10 the dates from the date of notification by the customs authority of the amount of the tax due to the settlement, together with the submission of the VAT return.
Port package included in fourth tranche of the deregulation act passed 7 November 2014, is intended to improve the competitiveness of the Polish economy.
The new regulations will reduce the burden of import control procedures for goods passing through Polish ports. From 1 January the official acts necessary for the release for free circulation of the goods must not exceed 24 hours from the moment the goods were presented to the inspection. Only in specific cases may the procedure be extended to 48 hours The proposed solution will reduce the timing of the controls and allow the trading of the goods to be accelerated.
The Ministry of Economy estimates that the regulations introduced will bring additional revenue to the budget of approx. 60,000,000 PLN in respect of customs duties and income tax resulting from increased employment in port companies and the port environment and additional jobs. They will also have a significant impact on the important investment decisions of companies in the economy. This applies especially to companies in the TSL industry.