Download - VAT Terms Defined
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What Is The Meaning Of…
VAT Terms
Defined
What Is The Meaning Of..
VAT Terms
DEFINED
What Is The Meaning Of…
VAT TERMS DEFINED
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EXPORT
This is the term that
applies to the supply of
goods exported from
Member States to any
country outside the EU
(also referred to as third
countries)
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IMPORT
This applies to goods
imported into a Member
State from any country
outside the EU.
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FREE CIRCULATION
After goods are imported into
the EU, they are then in free
circulation. This means that
they are free to travel inside
the EU without paying
customs duties or further
border controls.
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DISTANCE SALE
.
This is a sale of goods dispatched or transported by (or on behalf of) the
supplier from one Member State to specific types of customers in another
Member State who is not registered for VAT, such as non- taxable persons.
Distance sales commonly include sales of goods made by mail-order
catalogue and goods sold online via the Internet.
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For more information about our organisation, please visit www.meridianglobalservices.com Meridian Global Services, Tallaght Business Park, Tallaght, Dublin 24, Ireland. Tel: +353 (0)1 4590 500 | Fax: +353 (0)1 4590 540 © 2013 Meridian Global Services. Published in Ireland. All rights reserved. 140.ppp(Ireland, templateVAT) 06/13. Artwork by marketing department (NS