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Intrastat threshold changes in Lithuania

principal / Intrastat threshold changes in Lithuania

Intrastat threshold changes in Lithuania

Lithuania recently reduced the Intrastat threshold from €290,000 to €280,000 for Arrivals and from €215,000 to €200,000 for dispatches. This is an unusual change in the European Union as Member States normally increase their thresholds periodically (not decrease them). Lithuania had previously increase its threshold in 2015.

Intrastat returns are statistical declarations with detailed information about the movement of goods from one Member State to another. They are only required when the applicable threshold in the country involved is exceeded. The combination of detailed information requirements and short deadlines makes it difficult for businesses to comply with these requirements. We are happy to take care of all your Intrastat obligations and help your business retrieving the required information from their systems.

  • By Marosa EU VAT
  • Publicado 26/02/2016 9:34