19.4.2011
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News
Communication of the General directorate of customs
On 25 March 2011, the General Directorate of Customs (“GRC”) published information concerning exemption from VAT for imports of goods.
In connection with the amendment to the VAT Act, only imports of goods the aggregate value of which does not exceed EUR 22 shall be exempt from VAT on the basis of Section 71(3)(a) of the VAT Act. The day when the goods were presented for customs proceedings is the decisive day for application of such limit.
This exemption does not apply to alcoholic drinks, perfumes, eau de toilettes, tobacco and tobacco products. The limit of EUR 150 for exemption from the customs duty remains unchanged.
Other articles
20.6.2025
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News
KŠB advised the seller on the sale of mcePharma to the Brenntag Group
The KŠB team, consisting of Vlastimil Pihera, Jakub Porod, and Dominika Bazalová, provided legal advice to the seller, Mr. Ivan Mikeš, in connection with the sale of 100% of the shares in mcePharma to the international Brenntag Group, a global leader in the distribution of chemicals and ingredients.
18.6.2025
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News
KŠB Provided Legal Advisory in the Sale of ARETE Park Rokycany II to the REICO LONG LEASE Fund
Jiří Horník, Jakub Porod, and Yelizaveta Volodina assisted the ARETE group in the sale of the premium logistics complex ARETE Park Rokycany II. The buyer is the REICO LONG LEASE fund, managed by REICO Erste Asset Management. The fund primarily invests in logistics, industrial, retail, office, and other commercial properties, mainly in the Central European region.
17.6.2025
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News
KŠB and Smetanova Litomyšl – a partnership with impact
Last weekend, as partners of the Smetanova Litomyšl festival, we had the honour of attending the opening concert of the festival’s 67th edition, featuring the Czech Philharmonic conducted by Jakub Hrůša and the exceptional Norwegian violinist Vilde Frang.
