VAT treatment call-off orders. Under the current VAT rules, when manufacturing companies transfer goods to the call-off stock at the customers warehouse, it performs a deemed intra-Community supply in its own EU country and a deemed intra-Community acquisition in the EU country of arrival. The Quick Fix for call-off stock is a simplification measure which may be used to avoid VAT registrations in other Member States. We advise businesses with call-off stock in other Member States to reconsider their VAT position. In case they want to make use of the simplification measure, they should meet the conditions as of January 1, 2020 The purpose of the changes is to simplify the VAT rules for ‘call-off’ stock and avoids the requirement for the supplier to register in the destination State. Background to the measure. Call-off stock - is a separate stock belonging to a EU VAT payer referred to in Article 97 of Polish VAT Act, Section 4, for storage, within the territory of the Country, of goods which belong to a value added tax payer, transported by him or for his benefit from the territory of a different Member State to a place where the taxpayer registered as a EU VAT payer who stores the goods, removes Call-off stock is given an exact definition by the VAT Act. Accordingly, “call-off stock means goods physically placed in a warehouse owned or rented by the future customer of the goods for stockholding purposes, which are available to the future customer as the owner during the storage period. In the course of this period neither party is Though many other European Union have implemented rules on call-off stocks, Germany did not implement a call-off stock simplification process prior to this decree. In the past, generally speaking, the tax authorities were of the opinion that a foreign supplier sending goods to a call-off stock in Germany had to register for German VAT purposes.
11 Feb 2020 Call-off stock is an arrangement whereby a supplier transfers goods to a known acquirer without transferring the ownership thereof. The acquirer
11 Mar 2020 Companies are changing the way they manage call-off stock, supply chains, transportation documents and VAT identification to ensure they In this Tax Notes International article, Aleksandra Bal evaluates new EU rules to harmonize and simplify the VAT consequences of call-off stock arrangements. Pursuant to Art. 2 point 27c of the Value Added Tax Act, “a consignment stock is From the technical point of view, the consignment/call-off-stock is not different 11 Feb 2020 Call-off stock is an arrangement whereby a supplier transfers goods to a known acquirer without transferring the ownership thereof. The acquirer
26 Sep 2019 In this article, we discuss the first Quick Fix, which relates to the VAT treatment of call-off stock.
27 Dec 2019 Call-off stock arrangements no longer qualify as a supply of goods for consideration hence the supplier is no longer required to register for VAT 26 Sep 2019 In this article, we discuss the first Quick Fix, which relates to the VAT treatment of call-off stock. 16 Dec 2019 Call-off stock simplification: A new Article 17A has been added to the VAT Directive. This requires all member states to apply call off stock relief. 23 May 2019 Under call-off-stock arrangements, a supplier makes goods available to his customer by delivering them at the warehouse of the customer or a