In 1993, the European Union took the significant step of removing customs reporting for goods moving within its borders. Intrastate reports emerged to bridge the resulting information gap. Primarily crafted for statistical insights, these statements facilitate governments and the EU to monitor intra-EU trade. Over time, they have also become an important tool in the fight against potential VAT fraud. While sharing data roots with EC Sales Lists.
Intrastat Reporting Timelines
The agreement to report depends on certain thresholds defined for each EU nation. For a complete understanding of these thresholds, please refer to our Intrastat Filing Threshold brief. It’s essential to admit that these thresholds can vary between dispatches and arrivals, even within a single country, and are individually higher than VAT registration thresholds.
Across the European Union, Intrastat reporting especially follows a monthly measure. These filings usually correspond with VAT return submissions and are directed to the respective statistical office of the concerned country.
Diving Deep: What Constitutes an Intrastat Declaration?
Intrastat filings demand all-inclusive data on both dispatches (sales) to other EU member states and arrivals (purchases) from them. Each transaction’s report should be mainly included:
Intrastat with RTC Suite:
Seamless Reporting & Compliance
What is Intrastat Reporting?
What is Intrastat Reporting used for?
Intrastat Declaration Required Information
When to Submit Intrastat Reporting?
Who is required to make Intrastat declarations?
Who is exempt from Intrastat reporting?
When does the Intrastat declaration take place?
Is Intrastat still required after Brexit?
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