Features of VAT application under the customs warehouse regime

Abstract

Тhis article emphasizes the main features and issues of applying the value added tax on goods placed under various customs regimes. It analyzes the operations on the import of goods in the customs warehouse regime and the tax consequences of its application. The customs warehouse procedure allows to the participants in the foreign economic activity not only to store goods, but also to perform operations in relation to them, including preparation for sale. As a result of the study, were highlighted the benefits and risks of using the customs warehouse in practice. CZU 657.446:339.54(478); JEL: M41, H21, H25; DOI 10.5281/zenodo.6758895