- Nature of Transaction Code 12: Specifically for direct trade of goods between companies and private consumers (B2C) within the EU.
- B2C Transactions: Use Code 12 when goods are directly transferred between a company and a private consumer, with at least one party being a private consumer.
- B2B Transactions: Code 12 should not be used if both counterparties are businesses, even if the goods are ultimately sold to a private consumer.
- Correct Code for B2B: B2B transactions, where goods are sold between companies before reaching the consumer, should be reported under Nature of Transaction Code 11.
- Example Scenario: Goods sold to a reseller (company) in the consumer’s Member State before being forwarded to the consumer should be reported with Code 11, not Code 12, ensuring accurate Intrastat reporting.
Source Taxbackinternational
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