Skip to content
V1961-24 ·17 September 2024 ·consulta-vinculante Medium impact
Tax

Companies are liable for VAT on imports and may deduct the tax if conducting economic activities

A company enquired whether it was liable for VAT and entitled to tax deductions when receiving goods on consignment from non-EU suppliers under FCA or FOB shipping terms. The DGT confirms that the company acts as the importer and is entitled to deduction provided general requirements are met.

In 6 key points

How it affects those involved

This ruling clarifies the VAT liability and deduction rights for companies receiving goods on consignment from non-EU suppliers under specific Incoterms.

Lifecycle

2024-09-17PublishedPublished 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