Written by VAT specialists at Ernst & Young, one of the worlds leading professional service organizations, "Vat and Excise" makes the complex maze of red tape and documentation less daunting. By utilizing a question and answer format, illustrated with detailed examples and simple flow charts, the book provides business people with information on the new regulations affecting: exports to and imports from other member states; intermediaries in other countries; distance selling and new means of transport; selling to non-VAT registered purchasers; registration for VAT in other member states; documentation (VAT Statistical Reports and Supplementary Statistical Declarations); excise duties and customs procedures; and the valuation of goods.