Non-established traders doing business in Ireland
Consignment stock supplied from the EU for onward supply in Ireland
Consignment stock is a term used to describe a movement of goods by a supplier in one Member State to another Member State to be held in stock there and provided to customers as required. The goods remain under the control of the supplier and are not intended for any one known customer at the time of transport.
A non-established trader is not obliged to register for Value-Added Tax (VAT) where they send consignment stock from another European Union (EU) Member State to the State for use by an accountable person.
The VAT will be accounted for by the accountable person as an intra-Community acquisition when the stock is drawn off.
The warehouse keeper must, in all cases, be independent of the supplier.
A non-established supplier may reclaim VAT through the Electronic VAT Refund (EVR) system where he or she has suffered Irish VAT.
Next: Importation of goods by a non-established supplier