Skip to content
V0856-23 ·12 April 2023 ·consulta-vinculante Medium impact
Tax

Input VAT on goods purchases is deductible if legal requirements are met and an invoice is held

A truffle trading company inquired whether it could deduct VAT on purchases made from its suppliers. The Directorate-General for Taxes (DGT) ruled that input VAT may be deducted provided that all legal requirements are satisfied and the appropriate supporting documentation is available.

In 6 key points

How it affects those involved

This ruling confirms the right of businesses to recover input VAT on goods, provided they maintain valid supporting documentation and comply with statutory conditions.

Lifecycle

2023-04-12PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact