RomaniaManual

Intrastat returns in Romania

Frequency of filing and due date of Intrastat returns in Romania

The frequency of filing of the periodic VAT returns depends on the estimated annual turnover of the previous year in Romania and on whether intra-Community acquisitions are expected.

The two criteria that must be taken into account when checking the reporting frequency are:

  • If Intra-Community acquisitions of goods were performed during the previous year, then the VAT return must be filed on a monthly basis.
  • If the annual turnover of the previous year exceeds EUR 100,000, then the VAT return must be filed on a monthly basis. The turnover is computed taking into consideration taxable and/or exempt operations with deduction right performed during the year, including invoices issued for advance payments for these operations. Annual Turnover contains the total NET value from sales (domestic sales, Intra-Community sales and exports). The conversion in RON of the threshold is done by using the exchange rate published by NBR in the last working day of the preceding year.

 

If no intra-Community acquisitions are performed, and the annual turnover remains below EUR 100,000, the correct reporting period is quarterly.

Once the conditions for frequency change are met, communicating the change of frequency of filing is a mandatory action from taxpayers. Also, quarterly taxpayers must submit a form 700 to declare that the annual turnover did not exceed the EUR 100,000 threshold.

  • Frequency of filing

    • Monthly
      Turnover exceeding EUR 100,000 or performing intra-Community acquisitions in Romania.
    • Quarterly
      Turnover not exceeding EUR 100,000 and not performing intra-Community acquisitions in Romania.

Find here access to form 700 for the communication of periodicity. The rules for frequency of filing can be found under Art. 322 of the Romanian Fiscal Code.

Romanian Intrastat thresholds

The following annual Intrastat thresholds apply in Romania (calendar year) for 2024:

Type of Intrastat: standard declaration

  • Arrivals RON 1,000,000
  • Dispatches RON 1,000,000

These thresholds are computed annually according to the calendar year. Once filed, a complete calendar year needs to be covered by a company in order to stop filing these returns. For example, if a company exceeds the threshold in March 2024 on arrivals, Intrastat returns for arrivals are due until December 2025. These thresholds are calculated according to the invoice value.

It is the responsibility of the economic operators to monitor these thresholds and start submitting Intrastat returns when due.

Have a look at our overview of Intrastat thresholds.

Also, find here official information.

Reporting of specific scenarios in Romania

Very often, the transactions reported in the Intrastat return are standard sales from one taxable person to another. However, a number of scenarios have specific reporting requirements. The nature of transaction code in the Romania have been recently updated and have now two digits. The official Intrastat manual, Part I, Annex 3 contains the updated nature of transaction codes, including those applicable to specific scenarios; you can download it under the following link.

Nil and corrective Intrastat returns in Romania

If no transactions are to be reported, a nil Intrastat return must be filed.

A corrective Intrastat return can be submitted by selecting the corresponding box in the Intrastat return wrongly submitted. It is possible to cancel some transaction lines, or the whole declaration. The new submission will replace the previous one.

Regarding corrections, if an Intrastat return has been submitted showing wrong or incomplete information, a correction is required according to the following rules:

  •  The errors regarding the commodity code and country code must be always corrected.
  • For the rest of information fields, the corrections should be submitted at transaction level for a reference month, in the following cases:
    •  the deviation (+/-) between the correct invoiced or statistical value and the reported invoiced or statistical value is equal or more than RON 3,000.
    • the deviation (+/-) between the correct net mass/quantity in supplementary measure unit and the declared net mass/quantity in supplementary measure unit is equal or more than 10%.

For smaller differences in the value (less than RON 3,000), or a difference of less than 10%, it is not required to submit a corrective Intrastat return, although the official guidelines recommend doing so, to avoid differences between VAT and Intrastat reporting.

Also, it is not required to submit a correction in case the nature of the transaction code changed.

Intrastat Penalties in Romania

Any contravention of Intrastat obligations shall be subject to penalties ranging from RON 7,500 to RON 15,000.

The above penalties are referred in the official Intrastat manual. 

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