Re: REACH - what a load of Euro bollox

"Raveninghorde" <raveninghorde@invalid> wrote in message news:qp5bn45duk84rm3j4vgm6b8kej5cpqr0pb@xxxxxxxxxx
On Mon, 19 Jan 2009 20:26:33 -0800, John Larkin
<jjlarkin@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx> wrote:

On Mon, 19 Jan 2009 21:36:04 +0100, "TheM" <DontNeedSpam@xxxxxxxx>
wrote:

How about INTRASTAT? You have to report every inter-country sale/purchase
inside EU so the damn bureaucrats can draw pretty pie charts.
I hoped this bureaucratic crap and "green" idiocy would stop as soon as a serious
crisis came, but it seems this one isn't bad enough.

M


What happens if you ignore them? That's the good old American approach
to regulation.

John


You don't ignore INTRASTAT if you get caught by it unless you like
paying fines. But you have to exceed a threshold of business to get
dragged into it. I don't know the current threshold but I only got
caught by it for one twelve month period a few years back.

The new limit is 120.000 eur on purchasing side I believe, it is higher
on selling side.
They are literally forcing you to go look for material sources outside
EU, those don't count towards limit and you don't have to report them.

It is not that much work, but it takes a few precious hours away per month.
Hours that could be spent doing something productive.

And once you're in you have to wait for next evaluation cycle. So if you're in
for 12 months due to some single extra sweet deal you made you could be in
for 16 months or more. Frustrating.

Mark


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