Procedure 4200 facilitates the import of goods from outside the European Union and allows the entrepreneur to maintain greater financial liquidity.
It is addressed primarily to those importers who import their goods to Poland, but the final country of delivery is another EU country. The use of procedure 4200 is an alternative to standard import customs clearance in Poland, which involves the need to pay customs duties and VAT.
To put it simply – carrying out customs clearance under procedure 4200 means that the imported goods will be the subject of an intra-community supply of goods, and thus they will be exempt from import VAT. This tax will only be settled at the time of sale.
Want to learn more or use the 4200 procedure?