What is a recapitulative statement?
A recapitulative statement has to be completed and submitted to the VAT department by those persons involved in intra-community supplies. If you have not been involved in any Intra-Community transactions during the period specified in the statement which you have received from the VAT Department, do not complete and send the statement. Once no transactions have taken place, no administrative penalty will be liable.
Those persons that have intra-community supplies must enter the value of such supplies in the recapitulative statement. This must be the value of those goods supplied to those customers who are registered for VAT purposes in other European Union countries where the goods are moved between Member States.