S.L. 406.14 Art. 3Recapitulative statements.

(1) The recapitulative statement required to be made in accordance with article 30(2) of the Act shall be drawn up for each calendar month and shall be furnished to the Commissioner in the manner determined in regulation 5 by not later than the fifteenth day of the month following the relative calendar month. (2)(a) Notwithstanding sub-regulation (1), taxable persons may submit a recapitulative statement for each calendar quarter by not later than the fifteenth day of the month following the end of the quarter, where the total quarterly amount, excluding VAT, of the supplies of goods as referred to in article 30(2) of the Act does not exceed either in respect of the quarter concerned or in respect of any of the previous four quarters the sum of fifty thousand euro (€50,000).

(b) The option provided above shall cease to be applicable after the end of the month during which the total value, excluding VAT, of supplies of goods referred to in articles 30(2)(a) and 30(2)(b) of the Act, exceeds in respect of the current quarter, the sum of fifty thousand euro (€50,000). In this case, a recapitulative statement shall be drawn up for any month which may have elapsed since the beginning of the quarter by not later than the fifteenth day of the month following the last month in the period for which the statement is made.

(3) Notwithstanding sub-regulation (1), taxable persons who make supplies of services referred to in article 30(2)(c) of the Act, may submit a recapitulative statement for each calendar quarter by not later than the fifteenth day of the month following the end of the quarter:

Provided that, where a taxable person makes supplies of both goods and services as referred to in article 30(2) of the Act, the provisions of sub-regulations (1) and (2) shall apply.

(4) Every taxable person shall also submit information about the VAT identification number of the taxable persons for whom goods, dispatched or transported under call-off stock arrangements in accordance with the conditions determined in item 17A of the Second Schedule to the Act are intended, and about any change in the submitted information.