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V0948-22 ·29 April 2022 ·consulta-vinculante Medium impact
Tax

Accounting for raw materials required to produce excisable goods is mandatory

A liquor manufacturers' association enquired whether non-alcoholic raw materials (such as water, sugar, and juices) should be included in their excise duty accounting. The Directorate-General for Taxes (DGT) ruled that regulations require accounting for all raw materials necessary to produce goods subject to excise duty.

In 5 key points

How it affects those involved

Manufacturers must ensure that all constituent raw materials used in the production of excisable goods are accurately recorded in their excise accounting to comply with regulatory requirements.

Lifecycle

2022-04-29PublishedPublished 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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