The INTRASTAT declaration is the compulsory declaration of movements of goods to or from other Member States of the EU, also called intra-
Community trade.

The INTRASTAT system exists in all EU Member States in order to follow
the development of "internal" trade.
Before 1993 the statistical copy of the customs document was used; this document is no longer used now, except for trade with countries outside the European Union or in some special cases.

The requirement to provide statistical information for INTRASTAT in fact has force of law in Europe. Failing to submit your INTRASTAT on time to each
individual country of the European union gives rise to heavy penalties.

ITS Fabry has developed an interface with all administrations to submit all your declarations electronically.

Our expertise enables us to analyse the flow of goods of your business and fill in all your declarations. There are two types of INTRASTAT declarations to be submitted depending on the activity
ARRIVALS or ACQUISITIONS of Community goods in a country
DISPATCHES or SUPPLIES to other European Member States

To file an INTRASTAT declaration in a country
where you are not resident and where you have exceeded the allowed threshold (1) you need a VAT Number.

The VAT return contains two data which are important to INTRASTAT, i.e. the total value of intra-Community supplies and the total value of intra-Community acquisitions.

The INTRASTAT declaration is linked to the VAT return in two ways:

1) Companies that are required to submit INTRASTAT declarations are selected on the basis of the values contained on their VAT return. A registered company which does not submit it's INTRASTAT declaration will be queried eventually about it.

2) The data reported by these companies in the INTRASTAT declarations are compared with those in their VAT return. However, the values on the VAT return and on the INTRASTAT declarations may differ depending on the nature of your operation.

Principle: the VAT follows the invoice, INTRASTAT follows the goods

Example A: An example of standard triangular trade:

A person in the Netherlands (N1) buys an item of goods from B1 in Belgium
and sells the goods to G1 in Great Britain.

The invoicing goes from B1 via N1 to G1.

The goods do not go to the Netherlands but directly from Belgium to Great Britain.
Who must declare for INTRASTAT?

VAT:

B1: declares a dispatch
N1: declares an arrival and a dispatch
G1: declares an arrival

INTRASTAT:

B1: declares a dispatch to GB
N1: does not declare anything
G1: declares an arrival from BE

There are of course special rules applicable to a lot of transactions such as distance sales, Supplies or acquisitions with installation/assembly, Processing/repairs
Financial leasing Hire-purchase………..

This is why we have specialised in providing these answers to you.

INTRASTAT declarations are a chore for any company but they must be done as they are a legal requirement throughout the European Union. We can take care of this for you and let you concentrate on your business in Europe.............