Supplies of goods received by Czech Republic businesses from EU businesses
Czech Republic businesses that are not VAT registered but receive supplies of goods from EU suppliers may be required to register for VAT if the value of the goods received exceeds the threshold of CZK 326,000.
Whilst unregistered, the business should be charged VAT by its EU suppliers. Once the Czech Republic business is registered for VAT, the EU suppliers should stop charging VAT and the Czech Republic business should account for Czech Republic VAT on the value of the goods received. This VAT, known as 'acquisition VAT', is recoverable
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