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V0297-18 7 February 2018 · SG de Impuestos sobre el Consumo Criterion in force
IVA · rectificación de cuotas

VAT on medical equipment sales can be rectified if a settlement is reached

A rehabilitation centre performing exempt healthcare activities sold medical equipment subject to VAT, one of which was returned the following year. The DGT has ruled that if an agreement is reached to resolve the sale, the taxable base is modified, allowing for the rectification of the tax.

The question raised

Refund of the tax paid for the returned equipment.

The DGT's ruling

If, by agreement between the parties, the operation is rendered void or the price is altered, the tax base is modified. The taxable person must issue and send a credit note to the recipient. Following this, the rectified VAT may be reduced in the tax return for the period in which the invoice is issued or in subsequent periods, within a period of one year.

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