The Republic of Ireland's new Deposit Return Scheme (DRS) will go live on Thursday 1 February 2024. Producers and manufacturers of drinks or those who sell them online have a role to play in the new scheme.
Under Irish DRS legislation, a producer is defined as any person, irrespective of the selling technique used, who is first to place in-scope products on the market in ROI.
The DRS process begins with the producer. For every in-scope drink the producer places on the market, they will pay an additional deposit fee.
For suppliers transacting with many retailers (customers) via EDI in a B2B supply chain there is a requirements to process the item sale and DRS charge as a single line, but they carry different VAT rates.
Idea Benefit | Allows users to continue to transact via EDI |
How do you solve for this problem today? | A complete workaround solution has not yet been identified. |
Fixed in version | Sage Knowledgebase Article |
Information has now been published on our business legislation hub for Ireland.
Many thanks Jo.
thanks Steve, if you check out our Business Legislation hub there is a new tile for Deposit return scheme, we are working on guidance material and will publish it shortly.
https://my.sage.co.uk/public/help.aspx#/customer/support/compliance/category/roi