Bulgaria to conduct 10,000 checks during VAT crackdown on non-EU imports
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Bulgaria's tax authority, the National Revenue Agency (NRA), has announced new measures to crack down on the VAT fraud that's associated with the import of goods from outside the European single market, many of which come from Turkey and China.
In a statement published on Wednesday, the NRA said that the measures would apply to goods sold in Bulgaria as well as those bound for other EU member states.
The aim of the checks is to prevent false declarations being made about the value of the packages that are sent into the European single market. Such false declarations are often made to make goods cheaper for consumers, but come at the cost of reduced tax income for EU member states.
According to the NRA, as many as 10,000 checks will take place, including inspections at warehouses when goods are unloaded from trucks:
“Each import of goods from a third country into Bulgaria will be tracked from the moment it is processed before the customs administration. The revenue agency will monitor the movement of goods, the documents for sale and resale, and at least 10,000 inspections will be carried out in place including warehouses, retail outlets and accounting offices.”
The statement continues:
“The Fiscal Control Unit will monitor the movement of goods throughout the country, and auditors will analyze hundreds of thousands of invoices and resales of imported goods, checking the importers, wholesalers and retailers, and in case of clear tax evasions, will be assigned inspections and audits.”