- For supplies of gold material, VAT may apply under reverse charge only if the goods are not immediately consumable and the material purity is at least 325/1000.
- The Italian Supreme Court (Order No. 12994/2025) confirmed that reverse charge does not require the buyer to personally carry out the transformation; it is enough that the gold is intended for further industrial processing and a new production cycle.
- Finished products, or items never worked/transformed, fall outside reverse charge and are instead generally subject to the margin scheme.
- For “compro oro” businesses reselling items without transformation, the margin scheme applies if purchased from private consumers or sellers already using the special scheme; ordinary VAT applies if bought from commercial operators not using margin.
Source: eutekne.info
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.
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