Fiscal Warehousing

A fiscal warehouse is a regime where certain commodities in free circulation within the EC can be traded VAT-free, subject to the certain conditions. Goods are deemed to be in free circulation if they are produced in the EC or, in the case of imported goods, all duties taxes and levies due at importation have been paid. Fiscal warehousing creates a trading environment for eligible EC commodities compatible with the VAT-free trading available in excise warehouses and customs warehouses