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V0487-20 ·27 February 2020 ·consulta-vinculante Medium impact
Tax

Reverse charge mechanism does not apply to smartwatches unless classified as mobile phones

A query was raised regarding whether the import and resale of a smartwatch with a SIM card slot requires the importer to register as a reseller. The DGT ruled that the reverse charge mechanism only applies to specific products based on their tariff classification.

In 5 key points

How it affects those involved

Businesses importing smartwatches must ensure correct tariff classification to determine whether the reverse charge mechanism applies or if they must register as resellers.

Lifecycle

2020-02-27PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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