Glossary

Key VAT terms and their definitions

• EORI Number
• Delivery Duty Unpaid (DDU)
• Delivered At Place (DAP)
• Delivery Duty Paid (DDP)
• EC Sales List
• Postponed VAT Accounting
• Fiscal Representative
• Import One Stop Shop (IOSS)
• Importer of Record (IOR)
• Incoterms
• Input VAT
• Non-Union One Stop Shop (Non-Union OSS)
• Output VAT
• One Stop Shop (OSS)
• Place of Establishment
• Place of Supply
• Power of Attorney
• SEPA
• Tax Authority