Roseline Logistics Ltd (Roseline) acted as a Customs agent for QP Trading Limited (QPTL) and made 32 import declarations between January and May 2022. Roseline claimed postponed VAT accounting (PVA) ...

Countries are revising their de minimis rules for low-value imports. E-commerce retailers will need to review their supply chains, pricing strategies, and compliance obligations.

European and African authorities have uncovered a series of large-scale customs and VAT fraud schemes involving Chinese ...

BRUSSELS (Reuters) - U.S. President Donald Trump says value-added taxes carry a lot of blame for America's near trillion dollar trade deficit with the rest of the world. The 170-plus countries who ...

Rachel Reeves would be following in the footsteps of the US and the EU, with the latter set to abolish its relief by 2028.

The Nigeria Customs Service (NCS) on Wednesday announced the exemption of critical raw materials used in the production of pharmaceutical products from import duty and Value Added Tax (VAT). According ...

Two business owners said they have concerns about what could be announced in the Budget ...

Quickbooks has a separate VAT code (PVA 20%) for use when import VAT is postponed.  However, when set to use the cash accounting scheme for VAT, all ...