When are penalties payable to Revenue?
Acquiring goods from abroad
A penalty can arise where a person avoids Value-Added Tax (VAT) when bringing goods into the State.
You may be subject to a penalty of €4,000, if you:
- improperly import goods without VAT
- or
- use an invalid VAT registration number to purchase goods from another European Union (EU) Member State at the zero rate of VAT.
You will also have to pay the VAT due on the goods.