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V0588-17 ·8 March 2017 ·consulta-vinculante Medium impact
Tax

Components for ships under inward processing may be exempt from VAT and import duties

A shipyard has requested a ruling regarding the taxation of components used in ship construction under customs regimes and the treatment of charterparty agreements. The DGT clarifies that acquisitions linked to inward processing may be exempt from VAT and that the delivery of the vessel may be exempt if it meets international navigation requirements.

In 6 key points

How it affects those involved

This ruling provides legal certainty for shipbuilders regarding tax exemptions for materials used in inward processing and the VAT implications of vessel deliveries for international maritime use.

Lifecycle

2017-03-08PublishedPublished 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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