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VAT practical manual 2022.

Destruction, loss or theft

When, within the period of twelve months following the arrival of the goods in the Member State of destination within the framework of an agreement for the sale of goods on consignment, the destruction, loss or theft of the goods occurs, an assimilated transaction will take place. to a delivery of goods for consideration in the territory of application of the Tax.

In the case of goods transferred from another Member State to the territory of application of the Tax within the framework of an agreement for the sale of goods in consignment, when within the period of twelve months following the arrival of the goods to said territory within the framework of an agreement for the sale of goods on consignment, the destruction, loss or theft of the goods occurs, an intra-community acquisition of goods will occur in the territory of application of the Tax.