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V0520-24 ·9 April 2024 ·consulta-vinculante Medium impact
Tax

10% VAT rate applies to natural gas supply if accrual occurs in the first quarter of 2024

An individual inquired whether natural gas consumed between November and December 2023 should be taxed at 5% or 10% VAT. The DGT ruled that the rate applicable at the time of accrual must be used, which is when the portion of the price becomes due.

In 5 key points

How it affects those involved

This ruling clarifies the timing of tax liability for continuous supply services, ensuring that the VAT rate is determined by the moment of accrual rather than the period of consumption.

Lifecycle

2024-04-09PublishedPublished 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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