Legal Alert Inter Community Commodity Trade Statistics Act

The main return is filed monthly regarding the transactions carried out during the respective reference period. The correction returns can be filed only after the submission of the main monthly return. A Nil return is filed when the operator has not carried out any transactions during a reference period. In this case only the identification part of the return is filled in.

(v) content 

Intrastat returns contain two parts – identification part and commercial data.

The identification part contains information identifying the operator and the person authorized by him (third declaring party).7

The commercial data includes information regarding the state of dispatch or arrival, the goods’ type, quantity and value, the type of the transaction, the delivery terms, etc.

6. Electronic Ledgers

Under the Intrastat system operators are required to keep electronic ledgers regarding the transactions carried out. The ledgers contain current records with all data under the respective Intrastat return for every transaction which the operator performs. Those ledgers are not submitted monthly and the data contained in them is provided only upon NRA request.

This Legal Alert has been prepared by DELCHEV & PARTNERS for information purposes only and does not constitute legal advice.  This information is not intended to create, and receipt of it does not constitute, an attorney-client relationship.  Readers should not act upon this without seeking professional counsel