VATupdate

Share this post on

Ruling 568: Transactions assimilated to export supplies/supplies of indirect endowments and provisions on board

Non-taxable VAT admitted for indirect equipment on board. The Revenue Agency recognizes the favorable discipline with the traceability of customs procedures, and allows the possibility of applying the VAT non-taxable regime also to on-board equipment, made to an intermediary and not directly to the shipowner, albeit under certain conditions.

Sources:

Sponsors:

VAT news
VAT news

Advertisements:

  • VATupdate.com