Low Value Consignment Relief (LVCR) is a European Union tax rule, exempting ‘low value items’ (worth less than €22) from VAT. The Low Value Consignment Relief (LVCR) was introduced as a way of removing from customs authorities in European Union member states the responsibility for checking the potential tax liability of high volumes of small packages which might generate little revenue. July 1 2021, the exemption is abolished.