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V2088-21 ·12 July 2021 ·consulta-vinculante Medium impact
Tax

Return of property due to contract nullity is not VAT liable, but a correction

A local council asks whether the return of goods or values following the nullity of administrative contracts is subject to VAT. The DGT responds that the return of goods constitutes a correction of the original transaction, not a new supply.

In 6 key points

How it affects those involved

The return of goods following contract nullity is not subject to VAT, as it constitutes a correction rather than a new supply.

Lifecycle

2021-07-12PublishedPublished 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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