Custom duties after January 1, 2007 can be prescribed in a three years term, less than imposed by Romanian legislation – Deloitte Tax

Customs operations done after January 1, when Romania joined the EU, will comply with the statute of limitations is three years of EU, rather than five years imposed by the Romanian legislation, warns Deloitte Tax consultants.

„Basically, any additional customs duties on imports made between January 1, 2007 and October 20, 2007 cannot be lawfully communicated to the taxpayer by the tax authorities, because it expired three years term limit required by the EU regulation. Are except those cases where customs duties fall under criminal procedure,” said Petre Mihai, customs and excise duties manager at Deloitte Tax.

According to him, this measure puts more pressure on to perform customs control operations within three years from the date of acceptance of customs declaration. Also specialists say that this term is favorable to the taxpayer, as it reduces by one third the penalties value which may appear.

D.V.

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