Ruling: No Right to Deduct and Refund VAT for Project Aimed at Increasing Retention Capacity

The request for an individual interpretation was submitted on February 26, 2024, regarding the lack of right to deduct and refund VAT incurred in connection with the project
The project aims to increase retention capacity through various activities
The investment includes obtaining necessary permits and conducting construction work related to the project
The project will not be used for commercial purposes in the future
Planned agreement for funding from EU funds
Funding will cover 100% of eligible expenses
Declaration that VAT paid on invoices related to the project will not be deductible

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.