Vámunetben

Vámunetben is a term originating from Hungarian that translates to "in the customs warehouse" or "in bond." It refers to a specific customs regime where goods are stored in a designated, secure area under customs supervision without the immediate payment of import duties, taxes, and other charges. This storage facility is typically an approved customs warehouse.

The primary purpose of vamunetben is to allow businesses to temporarily store imported goods before they are released into the domestic market, re-exported, or further processed. This can be beneficial for several reasons, including managing cash flow, taking advantage of market conditions, or facilitating consolidation of shipments. While goods are in the customs warehouse, they are not considered part of the EU's internal market and are therefore not subject to VAT or customs duties.

Several conditions must be met for goods to be placed in vamunetben. Importers or their representatives must declare the goods for this regime and secure the approval of customs authorities. The goods remain under customs control throughout their period of storage. They can be inspected, sampled, or even undergo certain types of processing or manipulation within the warehouse, depending on specific regulations.

When the goods are eventually removed from the customs warehouse, either for free circulation within the country or for export, the relevant customs procedures must be completed, and applicable duties and taxes become payable at that point. This regime is a crucial tool in international trade, offering flexibility and economic advantages to importers and exporters.