Serbia: Amendments concerning customs declarations and application of VAT rules

Serbia: Customs declarations, application of VAT rules

Amendments to the “Rulebook” (as the measures are known in Serbia) concern customs declarations and value added tax (VAT).


Two sets of amendments were published in the official gazette—once in October 2020 and the other in February 2021.

With regard to the customs provisions, a foreign entity cannot be an exporter of goods. As a result, the Rulebook amendments specify the treatment when a foreign entity removes goods outside the territory of Serbia. 

Concerning VAT measures, the Rulebook amendments are closely related to the application of VAT rules and specifically regarding the right to exercise a VAT exemption for export of goods by a foreign entity and the right to deduct VAT paid for imports in certain situations.

Read a March 2021 report prepared by the KPMG member firm in Serbia

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