What’s difference between Sup’s IOSS and own IOSS ID

From 1st July 2021, the electronic portal businesses should comply with their VAT e-commerce obligations on distance sales of imported goods according to the new Import One-Stop Shop (IOSS) .

To facilitate the delivery process of parcels to EU countries, Sup have enabled IOSS Declaration options in process.

Declaration options over IOSS at Sup

1. Declaration with no IOSS.

The recipient will be required to pay VAT to complete customs clearance, otherwise, the parcel will be detained or destructed by the customs. This option is recommended for Sup users who have a low margin on their product prices.

2. Declaration with your own IOSS.

If you have your own IOSS ID, you can link it to your Sup account in Profile > Declaration Settings > Add IOSS/VAT. We highly recommend you declare with your own IOSS which is valid and is linked to the destination country in the EU.

Orders manually created/imported via Excel or CSV files will be declared with Sup order amount because the store order amount is unavailable, even if you have chosen the former.

*VAT upon declaration will be settled with your IOSS ID, in this case, please take potential VAT required into consideration regarding pricing in your store.

3. Declaration with Sup’s IOSS.

If you are not from an EU country or simply don’t have your own IOSS, you can declare with Sup’s IOSS ID when you make purchase orders. 

Please NOTE: Sup’s IOSS ID will not be applicable for orders valued above €150 and orders created manually/via Excel or CSV, and the recipient will be required to pay VAT.

*For regular orders, you will need to pay the VAT and IOSS handling fee (VAT*3%) if you declare with Sup’s IOSS ID when you submit orders on Sup. You can also view the order details below after payment.

If you still have questions, please feel free to contact your dedicated agent for assistance.