# The Customs and Value Added Tax (Managed Transition Procedure) (EU Exit) Regulations 2021, Regulation 5: Obligation to account for and pay import VAT in accordance with this Part


(1) An eligible person (P) must account for and pay import VAT on goods which comprise a relevant importation in accordance with the provision made by this Part.
(2) The effect of section 16(2) of VATA 1994 (application of customs enactments) is modified to the extent that this Part makes different provision for accounting for import VAT, including the timing of such accounting, on a relevant importation.

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Source: https://www.legislation.gov.uk/uksi/2021/1375/regulation/5 (the official version)
Page: https://openlegislation.uk/customs-and-value-added-tax-managed-transition-procedure-eu-exit-regulations-2021/regulation-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.