HUNGARY VAT REPORTING 2018

Hungary is introducing real time VAT reporting as of July 1, 2018.  Under the real time VAT reporting rules, the issuer of an invoice must report data online to the Hungarian tax authority regarding the issued invoice if:

1. the issuer of the invoice is VAT registered in Hungary;

2. the recipient of the invoice is VAT registered in Hungary; and

3. the invoice contains at least HUF 100,000 charged Hungarian VAT.

We are on Oracle EBS 12.1.3.

Question:

a) If anyone is working to implement this then are you using any company in the middle to deliver these messages? (something like EDICOM)

b) Please share how you are implementing this.