Public Service hours 08:00 - 14:30      
FAQ |
Contact Us   |
RSS feed
| Ελληνικά
     
Αναζήτηση
Go
The Department
Tax Commisioner
History
Vision/Mission
Organizational Structure
Code of Ethics
Annual Reports
Vacancies and Exams
Direct Taxation
Legislation
Common Legislation
Income Tax
Assesment and Collection of Taxes
Special Defence Contribution
Capital Gains
Immovable Property
Mutual Assistance
Other Direct Taxation Laws
Judgements of the Supreme Court
Returns
Employees
Self - Employed
Companies
Employers
Immovable Property
Capital Gains
Forms
Tax Registration/Data Amendment
Income Tax
Special Defence Contribution
Special Defence Contribution -
Private Sector
Assesment and Collection of Taxes
Immovable PropertyTax
Capital GainsTax
Deceased Person's Estate Tax
Special Credit Institutional Tax
Other Direct Taxation Forms
Automatic Exchange
of Information
FATCA
General Information
Announcements
Legislation
Data Submission
Infromation Leaflets
Useful Links
CRS
General Information
Announcements
Legislation
Data Submission
Infromation Leaflets
Participating jurisdictions - CRS
Useful links/ Frequent asked questions (FAQs)
CbCR
General Information
Announcements
Legislation
Data Submission
Participating jurisdictions - CbCR
Useful Links
DAC2
General Information
Announcements
Legislation
Data Submission
Infromation Leaflets
DAC6
General Information
Announcements
Legislation
Data Submission
Infromation Leaflets
Double Tax Agreements and Other
Agreements
Approved Charities
Circulars/ Information Leaflets/Guides
Circulars
Information Leaflets
Guides
Other Information
Indirect Taxation V.A.T.
Legislation
Common Legislation
V.A.T
Returns
Forms
VIES
General Information
Announcements
Call-off Stocks
VAT Number Validation
Forms
Information Leaflets
FAQs
Legislation
INTRASTAT
General Information
Announcements
Returns/Forms
Combined Nomenclature
(Commodity Codes)
Traders Manual
Infromation Leaflets
Legislation
VAT Refund for EU Countries
MOSS (Mini One Stop Shop)
Circulars/ Information Leaflets/Guides
Circulars
Information Leaflets
Guides
Other Information
e - Services
Tax Topics
Notification
Announcements
Tax Calender
Activites
Public Consultations
Foreign Exchange Reference Rates
Inflation
Default Interest
Statistics
General Information
Home Page
/ INTRASTAT /General Information
PURPOSE OF THE INTRASTAT SYSTEM
In January 1993, frontier controls on the movement of goods between EU member states were abolished and importers and exporters in EU trade no longer were required to complete customs documentation. Therefore, in order to fill the gap that was created concerning the collection of statistics information, the EU introduced a system known as INTRASTAT. The system was designed to ensure that statistics of internal EU trade could be collected in a way which would maintain the quality of the statistics and the timeliness of their collection.
The system places obligation on traders to submit periodic declarations of their trade. The INTRASTAT returns are submitted to the Tax Department each month and concern arrivals from, as well as dispatches to other member states.
OBLIGATIONS OF TRADERS UNDER INTRASTAT
As from May 1st 2004, each VAT-registered person who supplies goods to or/ and receives goods from other member states (the value of which is exceeding the statistical threshold), is obliged to submit the INTRASTAT return for arrivals as well as dispatches to the Tax Department each month via TAXISnet.
According to the EU regulation, the Cyprus government defines each year thresholds expressed in annual values of intra-Community trade, below which parties are exempted from providing any INTRASTAT information. The thresholds are defined separately for arrivals and dispatches and they may change each year. For 2020, the «exemption thresholds» are €180.000 for arrivals and €55.000 for dispatches, and the «simplification thresholds» are €2.700.000 for arrivals and €5.800.000 for dispatches. For 2021, the «exemption thresholds» are €180.000 for arrivals and €55.000 for dispatches and the «simplification thresholds» are €2.700.000 for arrivals and €5.800.000 for dispatches.
The return must be submitted to the Tax Department the until the tenth day immediately following the end of the month to which the return relates.
PENALTIES
If a person fails to timely submit the INTRASTAT return, this person is liable to a penalty of fifteen euro (
€15
). Non-compliance that continues after the thirty working days constitutes a criminal offence and a convicted person may incur an additional fine of up to two thousand five hundred sixty-two euro
(€2.562
).
If a person submits the INTRASTAT return containing substantial omission and/ or inaccuracy and does not inform the Tax Commissioner within two months of the end of the relative period, this person is liable to a penalty of fifteen euro (
€15
).
AGENTS
A trader may appoint an agent to make and submit the INTRASTAT return on his behalf. Under the national legislation, if an agent is appointed, the agent must be a forwarder as defined by the article 74 of the Customs Code Law 2004. It is particularly noted that the nomination of the agent does not, in any way, diminish or alter the legal obligations of the trader concerned. Any pursuit action initiated by the Tax Department will be concentrated on the trader concerned, not the agent.
The traders are advised to study the INTRASTAT trader’s manual, in which they can find more detailed information about the completion of the INTRASTAT return. The traders can find the manual in the chapter ‘’INTRASTAT’’. The manual is written in Greek. You can download the file
here
.
TAXISnet
From
1/7/2012
the electronic submission of Intrastat forms is mandatory. Access to the system can be done through
http://taxisnet.mof.gov.cy
In order to register for the system you can use the
TAXISnet 01
- Intrastat
(Application for Registration - Click
here
to see the pdf file). If you want to appoint an agent (forwarder) to submit the Intrastat forms, the agent must be registered in the TAXISnet system.
Back To Top