Commission Regulation (EC) No 860/97 of 14 May 1997 amending Regulation (EEC) No 3046/92 with regard to the reporting of the value of goods

• Published date: 15 May 1997
• Subject Matter: Research and technological development,Free movement of goods
• Official Gazette Publication: Official Journal of the European Communities, L 123, 15 May 1997

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Commission Regulation (EC) No 860/97 of 14 May 1997 amending Regulation (EEC) No 3046/92 with regard to the reporting of the value of goods

Official Journal L 123 , 15/05/1997 P. 0012 - 0013

COMMISSION REGULATION (EC) No 860/97 of 14 May 1997 amending Regulation (EEC) No 3046/92 with regard to the reporting of the value of goods

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty establishing the European Community,

Having regard to Council Regulation (EEC) No 3330/91 of 7 November 1991 on the statistics relating to the trading of goods between Member States (1), as amended by Regulation (EEC) No 3046/92 (2), and in particular Article 30 thereof,

Whereas Article 12 of Regulation (EEC) No 3046/92 lays down detailed rules concerning the value of goods;

Whereas the simplification of legislation for the internal market, as formulated in the SLIM initiative (Simpler Legislation for the Internal Market), improves enterprises' competitiveness and job creation potential; whereas the statistics relating to the trading of goods between Member States of the European Union (Intrastat) were chosen as a SLIM pilot project with a view to reducing the burden on providers of statistical information;

Whereas abolishing the statistical value in the data medium for small and medium-sized enterprises is a substantial simplification;

Whereas there are benefits in retaining the concept of statistical value for statistics on the trading of goods, national accounts and the balance of payments; whereas collecting this information solely for large enterprises provides an adequate basis for valuation; whereas the effects of this measure should be examined over a period of no more than two years' functioning;

Whereas the measures provided for in this Regulation are in accordance with the opinion of the Committee on the statistics relating to the trading of goods between Member States,

HAS ADOPTED THIS REGULATION:

Article 1

Article 12 of Regulation (EEC) No 3046/92 is replaced by the following:

'Article 12

1. The value of the goods referred to in Article 23 (1) (d) of the Basic Regulation, shall be reported in the statistical information medium on the conditions defined in paragraphs 2 and 3.

2. The value of the goods to be reported in the "invoiced amount" field in the statistical information medium shall be the taxable amount to be determined for taxation...