Destruction, loss or theft

Where, within 12 months of the arrival of the goods in the Member State of destination under an agreement for the sale of goods on consignment, the goods are destroyed, lost or stolen, the transaction shall be treated as a supply of goods for consideration within the territory in which the tax is charged.

In the case of goods transferred from another Member State to the territory of application of the tax under a consignment-sale agreement, where, within 12 months of the arrival of the goods in that territory under a consignment-sale agreement, the goods are destroyed, lost or stolen, there shall be an intra-Community acquisition of goods in the territory of application of the tax.