Hungarian postal services company Hungarian Post (Magyar Posta) will change its customs clearance fees from July 1 to comply with changes in European Union regulations, the company said on Wednesday.
Hungarian Post noted that products ordered from outside the European Union with a value of less than 22 euros will no longer be exempt from VAT from July 1, and all items will be subject to VAT and customs clearance.
With the change in the legislation, Hungarian Post will introduce a new customs clearance fee system, with fees set in proportion to the value of the products. If, for example, the consumer paid the price excluding VAT with online payment, the customs clearance fee will be 399 forints (EUR 1.14) for products with a value of less than 10 euros and 499 forints for items worth 10-22 euros. However, if the recipient pays by cash on delivery, the fee will be 799 forints, or 899 forints, respectively.
For products with a value not exceeding 150 euros, there will be a uniform fee of 399 forints if the customer pays the webshop price including VAT.
The number of customs clearance procedures is estimated to increase 70-80 times due to the abolition of the VAT exemption.
Hungarian Post prepared for the change in legislation by investing billions of forints into IT development, automated procedures and logistics capacity expansion.
Source: https://hungarytoday.hu/
