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V2832-19 15 October 2019 · SG de Impuestos sobre el Consumo Criterion in force
IVA · factura recapitulativa

September transactions with October invoices must be declared in the third quarter VAT return

A taxpayer inquired which return should include September transactions for which a summary invoice is issued on 1 October. The DGT ruled that, although the invoice is dated October, the transactions must be recorded in the return for the period in which they accrued, namely, the third quarter.

The question raised

If the taxpayer's settlement period coincides with the calendar quarter, in which return must the Value Added Tax corresponding to the transactions carried out in the month of September, for which the invoice is issued on October 1, be declared.

The DGT's ruling

Transactions must be recorded in the return corresponding to the tax period in which they have accrued. If transactions accrue in the month of September and the settlement period is quarterly, they must be included in the third quarter return. The issuance of a summary invoice on October 1 is valid if the recipient is an entrepreneur or professional.

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