Art. 118

(Art. 63 VAT Act)

1. Authorisation is granted if the taxable person:
   1. reports the VAT under the effective method;
   2. regularly imports and exports goods as part of its business activities;
   3. keeps a detailed import, inventory and export control for these goods;
   4. ¹ in its periodic tax returns with the FTA regularly reports input tax surpluses on imports and exports of goods under letter b of more than 10,000 francs per year that arise from the payment of import tax to the FOCBS; and
   5. guarantees the correct functioning of the procedure.
2. Suppliers under Article 20a VAT Act who have been subject to an administrative measure under Article 79a VAT Act may be granted authorisation to use the transfer procedure on request from the day after the ruling is lifted.²
3. The grant or extension of the authorisation may be made conditional on the provision of security in the amount of the anticipated claims.