Record keeping, reporting and accounting: background
The Single Market rules impose accounting and record keeping requirements in addition to those that apply to domestic supplies. For more information about the normal rules see the manual covering trader’s records.
There are also two further returns to be completed. Firstly, anybody supplying goods to VAT registered customers within the EC is required to submit an EC Sales List (see VATSM7600) Secondly, if the level of these supplies exceeds an annual threshold an Intrastat Supplementary Declaration is also required to be submitted (see VATSM7500).
It should be stressed that these requirements apply only to goods sent to, or acquired from, other Member States. They do not apply to goods imported from places outside the EC for which an import declaration (entry) is made before the goods are released.