VAT-registered businesses in the UK that supply goods from Northern Ireland to VAT-registered customers in an EU country must submit EC Sales Lists to HMRC. EC Sales Lists are sometimes referred to as EC sales statements or EU sales statements.
General commentary is provided at V5.271. Penalties can be imposed for:
- Ìý
•ÌýÌýÌýÌý material inaccuracies in EC Sales Lists
- Ìý
•ÌýÌýÌýÌý failure to submit EC Sales Lists
Penalty for material inaccuracies in EC Sales Lists
The legislation relating to penalties for material inaccuracies in EC Sales Lists is in VATA 1994, s 65 and HMRC policy is included in its VAT Civil Penalties manual VCP11041 to VCP11046.
The three main categories of material inaccuracies in EC Sales Lists are:
- Ìý
•ÌýÌýÌýÌý information has been entered that is not acceptable to the VAT Information Exchange System database, for example, an invalid VAT registration number has been entered
- Ìý
•ÌýÌýÌýÌý incorrect information has been entered, for example, the wrong amount has been entered for the value of a supply
- Ìý
•
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Web page updated on 17 Mar 2025 13:52