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V1898-24 ·21 August 2024 ·consulta-vinculante Medium impact
Tax

LNG delivery location depends on whether it is in liquid or gaseous state at the time of purchase

A company requested clarification on which VAT place of supply rules apply to LNG purchases within a Virtual Balance Tank. The DGT ruled that the general rule applies if the gas is in liquid state, whereas the special rule for gas networks applies if it has already been regasified.

In 6 key points

How it affects those involved

This ruling clarifies the VAT place of supply for LNG transactions, distinguishing between liquid and gaseous states to determine whether general rules or specific gas network rules apply.

Lifecycle

2024-08-21PublishedPublished 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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