Definition: Turnover from extra-community exports of goods and...

Category:

Same definition as "Turnover from intra-community deliveries of goods and services" but referring to extra-community exports instead of intra-community deliveries, as defined by the modified 6th VAT directive. For services it covers the provision of services to a receiver who is in this case resident outside of the fiscal territory of the Union.

Turnover from extra-community exports of goods and services may not be isolated in company accounts. It is a part of "Net turnover" and "Other operating income".