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V1601-24 ·1 July 2024 ·consulta-vinculante Medium impact
Tax

VAT importer status and right to deduction if power of disposal of goods is held at origin

A company enquired whether it could be considered an importer and deduct VAT when receiving goods on consignment under FCA terms at origin. The DGT ruled that the company is an importer as it assumes the power of disposal and the risks from the country of origin, and is entitled to deduct the tax provided it meets the general requirements.

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2024-07-01PublishedPublished 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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