How reverse charge works on intra community acquisitions when transferring own goods? : Global VAT Compliance

How reverse charge works on intra community acquisitions when transferring own goods? Print

Modified on: Tue, 30 Mar, 2021 at 10:23 AM

This situation usually arises in case of transfer of own goods from the different warehouses.

Reverse charge invoices are charged with VAT 0% and must contain your valid VAT registration number from two different EU member states in case of the transfer of own goods.

The corresponding invoice must:

be with VAT 0%
indicate the VAT identification numbers from country of dispatch and country of arrival
The invoice must mention the reference “cross-border Intra-Community reverse charge”
Valid VAT number in both countries

The transaction will be reported as intra-community sales in the country of dispatch and as intra-community acquisition (with reverse charge) in the country of arrival.

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How reverse charge works on intra community acquisitions when transferring own goods? Print

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