GRE GVT Digital Consignment Note

Published on: Dec 4, 2024

On Nov. 29, GRE GVT announced real-time tracking of goods.

  • GRE GVT announced the dates of implementation of the digital consignment note on the myDATA platform to monitor the shipment of goods, allows real-time tracking.
  • New framework utilizes modern digital tools and significantly facilitates businesses, in order to both simplify compliance procedures and tackle tax evasion.
  • Phase A
  • Phase Aincludes the basic functions of issuing and transmitting notes to myDATA.
  • Optional for companies until Mar. 31, 2025; this is for companies in the first group (turnover of over €200,000 or sectors such as medicines, energy products, etc).
  • For these businesses, Phase A becomes mandatory from Apr. 1, 2025.
  • For all other companies: optional until Sep. 30, 2025, mandatory from Oct. 1, 2025.
  • Phase B
  • Phase B includes digital monitoring of movement, transhipment and delivery of goods.
  • For all companies: optional from May 1-Sep. 30, 2025; mandatory from Oct. 1, 2025.
Regulators
GRE GVT
Entity Types
Corp
Reference
PR, 11/29/2024
Functions
Compliance; Financial; Legal; Reporting; Technology
Countries
Greece
Category
State
N/A
Products
Commodities; Corporate
Rule Type
Final
Regions
EMEA
Rule Date
Nov 29, 2024
Effective Date
Apr 1, 2025
Rule ID
235470
Linked to
N/A
Reg. Last Update
Nov 29, 2024
Report Section
EU