Value Added Tax Consolidation Act 2010 section 11

Other provisions in relation to goods

Section 11 sets out special rules for persons who become accountable for VAT solely because of an intra-Community acquisition of a new means of transport or of excisable products, and provides simplified treatment for foreign traders involved in triangulation or call-off stock arrangements.

• A person who acquires a new means of transport from another EU Member State is accountable for VAT on that acquisition only and is not otherwise treated as an accountable person under the Act.
• A person who acquires excisable products from another Member State is similarly accountable only for the VAT on that acquisition, which is payable at the same time as the excise duty.
• A foreign trader who makes an intra-Community acquisition and onward supply in the State under triangulation simplification is not regarded as an accountable person and need not register here, unless the trader elects to do so.
• A foreign trader who transfers goods into the State under call-off stock arrangements is deemed not to have made an intra-Community acquisition or supply, and therefore has no obligation to register for VAT in respect of that transfer.