We would like to draw your attention to some necessary, short-term changes in invoicing resulting from the VAT change on 1 July.
The change poses a challenge for all companies, if only because of the extremely short lead time. The decisive factor for the allocation of the respective tax rate is generally the time at which the respective service is performed. This determines which tax rate is used to calculate the turnover or deduct input tax.
When implementing the changeover on 1 July 2020, we will have to ensure that we charge you the correct tax rate according to the time of performance. For this purpose, it will also be necessary in some overlapping cases to issue two invoices instead of one as before. This serves to clearly delineate the respective time of performance.
For example, this could be a warehouse bill from June until after 1 July or, for example, a sea freight shipment that arrives at the seaport in June but is not delivered until July.
All subsequent deliveries that do not include any services before 1 July can then be invoiced in the usual compact manner with an outgoing invoice.
We ask for your understanding and are available to answer any questions at any time.
LCL with us on the Silk Road
We would like to inform you that we have been offering a weekly service for LCL rail shipments from South and North China since mid-July.
On the one hand, this is the fast alternative to LCL sea freight shipments or the alternative to FCL rail loading if you cannot get a complete container filled.
The containers arrive in Duisburg after a transit time of approx. 20 days, from where we accept them immediately and then unload them at our warehouse and, if necessary, clear them through customs, palletise them and deliver them in Germany or Europe according to your specifications.
You will be amazed at how quickly and inexpensively this alternative can be realised.
We look forward to receiving your enquiry. Your salesperson or customer advisor will be happy to assist you.
Best regards,
Your Dörrenhaus team
VAT reduction as of 01.07.2020
We would like to draw your attention to some necessary, short-term changes in invoicing resulting from the VAT change on 1 July.
The change poses a challenge for all companies, if only because of the extremely short lead time. The decisive factor for the allocation of the respective tax rate is generally the time at which the respective service is performed. This determines which tax rate is used to calculate the turnover or deduct input tax.
When implementing the changeover on 1 July 2020, we will have to ensure that we charge you the correct tax rate according to the time of performance. For this purpose, it will also be necessary in some overlapping cases to issue two invoices instead of one as before. This serves to clearly delineate the respective time of performance.
For example, this could be a warehouse bill from June until after 1 July or, for example, a sea freight shipment that arrives at the seaport in June but is not delivered until July.
All subsequent deliveries that do not include any services before 1 July can then be invoiced in the usual compact manner with an outgoing invoice.
We ask for your understanding and are available to answer any questions at any time.