The Hungarian government decided to postpone the full implementation of EKAER (Road Trade Control System) until 1 March 2015. On behalf of RSM DTM Hungary, we would like to…
The Hungarian government decided to postpone the full implementation of EKAER (Road Trade Control System) until 1 March 2015. On behalf of RSM DTM Hungary, we would like to thank all participant of the survey – we think that your answers strongly helped us in the lobbying process – to raise the authorities’ awareness of the nonsense regulation and may have contributed to the delay in its implementation. Below is a brief summary of the EKAER system as it stands now.
Who is affected?
As you may know EKAER reporting affects most traders of goods from/into/in Hungary, provided that goods are transported by qualified road vehicles. The affected parties are mainly traders, not freight-forwarders. Goods owned by traders may be seized, 40 % penalty may be imposed, and potentially (although unlikely) input VAT recovery may be denied too, if the goods are transported without EKAER (Road Trade Control System) formalities being completed. Paradoxically, it is freight-forwarders and not traders who have the information that needs to be reported by traders – such as the license plate of the vehicle, time of departure and arrival, description, quantity and value of goods. If you have clients that have intra community purchases or supplies of goods to or from Hungary, or local supplies of goods in Hungary, we urge them to contact their freight forwarders/local tax advisors or accountant to learn more about the EKAER reporting obligations.
Your client’s business is affected if it supplies or brings goods into Hungary from another EU country, supplies or removes goods from Hungary to another EU location or goods supplied within Hungary for the first instance, provided that goods are partially or fully transported by qualified road vehicles – see our newsletter for more details: http://www.rsmdtm.hu/ekaer-in-practical-terms.