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V3200-19 ·19 November 2019 ·consulta-vinculante Medium impact
Tax

Goods returns may be rectified by deducting them from a subsequent supply invoice

The query asks whether a credit note or an invoice with a negative amount must be issued when a goods return is less than the value of a subsequent supply. The DGT rules that if the subsequent supply is to the same recipient and carries the same tax rate, the returned amount may be deducted from the new invoice without the need to issue a formal credit note.

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2019-11-19PublishedPublished 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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