Back to index
V3482-20 2 December 2020 · SG de Impuestos sobre el Consumo Criterion in force
IVA · cuotas repercutidas

To rectify an understatement of output VAT, one may use the self-assessment rectification procedure or regularisation in subsequent returns

The taxpayer asks how to rectify an erroneously issued invoice that resulted in a higher output VAT amount than required. The DGT indicates that, as this involves an understatement of tax amounts, the self-assessment rectification procedure provided for in the General Tax Law must be followed.

The question raised

Whether it is possible to rectify the output Value Added Tax amount corresponding to invoice 2, which was erroneously issued.

The DGT's ruling

When the rectification of the output tax amounts results in a reduction thereof, the taxpayer may opt to initiate the self-assessment rectification procedure or regularize the situation in the corresponding tax return or in subsequent returns within a period of one year. However, if a provisional assessment exists, rectification may only be requested if it was issued for a reason other than the one invoked in the request. Furthermore, rectification cannot be requested when a verification or investigation procedure regarding the same tax obligation is being processed.

Book your free first meeting