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EU waives customs duties, VAT on imports of medical equipment

Europe Materials 3 April 2020 16:27 (UTC +04:00)
The European Commission approved on Friday requests from EU countries and Britain to temporarily waive customs duties and VAT on imported medical devices and protective equipment to help fight the coronavirus epidemic
EU waives customs duties, VAT on imports of medical equipment

The European Commission approved on Friday requests from EU countries and Britain to temporarily waive customs duties and VAT on imported medical devices and protective equipment to help fight the coronavirus epidemic, Trend reports with reference to Reuters.

The duty-free kit includes masks, testing kits and ventilators and the exemption will apply for a period of 6 months, with a possibility for further extension. The decision takes effect retroactively from January 30.

“By waiving customs and VAT duties on imports of these products from outside the EU, the European Commission will help make those products more accessible,” Paolo Gentiloni, EU commissioner for the economy, said in a statement.

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