The National Assembly of the Republic of Serbia adopted the Law amending the Customs Law published in the Official Gazette of RS, no. 144/20 of 27 November 2020 (“the Law“).
Extension of the statute of limitations
The key novelty of the Law refers to the extension of statute of limitations of customs debt, which provides the state with more time for reacting and protecting its interests.
Namely, so far the Customs Law stipulated that customs debt cannot be charged after the expiry of three years after it had been generated.
However, such deadline has been extended so that now customs debt cannot be charged after the expiry of five years after it had been generated.
The statute of limitations shall be stopped by any activity of customs authority undertaken for collection of duties, in which case the deadline is restarted from the beginning. Exceptionally, the right to charge shall expire in any case after the expiry of ten years after the date the customs debt had been generated (absolute deadline).
These amendments entered into force on December 5, 2020.
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