Examples of Community supply in a sentence
For each marketing year, Community supply balances for sugar, isoglucose and inulin syrup shall be drawn up.
Linkki ei kelpaa.invoice invoiceFI 1FI 2delivery of goodsinvoiceDKExample 2The Finnish company FI 1 sells (Finnish invoice including VAT) goods to another Finnish company, FI 2, and FI 2 sells (intra- Community supply) the goods further to the Danish company DK.
Therefore, when the goods are transported from MS 1 to MS 2 there would be an intra- Community supply by A in MS 1 and an intra-Community acquisition by B in MS 2.
In case the intermediary operator has not communicated to his supplier his VAT identification number issued by the Member State of departure of the goods by that date, then the general rule in Article 36a(1) VD will apply, so the transport of the goods will be ascribed to the supply made to the intermediary operator and that will be the intra- Community supply.
That intra- Community supply of goods will be exempt if the conditions in Article 138 VD are fulfilled.
Therefore, the intra- Community supply of the goods will be the supply from A to B.
Under the new rules, the use of a valid VAT ID number To qualify for the zero VAT rate, the supplier of an intra- Community supply must beable to prove that goods have been transported from one member state to anotherwill be regarded as a material requirement for applying the zero VAT rate.
FI includes these deliveries of goods in it's statistical declaration.Delivery of goodsSEFIinvoice FI 1invoice Example 2The Finnish company FI 1 sells (Finnish invoice including VAT) goods to another Finnish company, FI 2, and FI 2 sells (intra- Community supply) the goods further to the Danish company DK.
Normally such a transport of goods back between two Member States should be treated as a transfer with the obligation to declare an intra- Community supply and an intra-Community acquisition in the respective countries.
This is an exemption on VAT at importation based on the fact that the import is followed by an exempt intra- Community supply or transfer of goods to another Member State.