- A shipping company imported a used vessel in 2002 with a VAT exemption on the basis that it would be used as a professional vessel.
- When the vessel’s professional license automatically lapsed in 2012 due to non-renewal of certification, the Customs Authority revoked the exemption and charged the remaining VAT of €329,458.64.
- The company had already paid €89,700 under a prior tax office act.
- The Council of State fully rejected the company’s appeal, holding that the matter was a tax assessment issue, not a customs offense.
- It ruled that the three-year limitation period began when the act terminating the license’s validity was issued, not when the license actually expired.
Source: taxheaven.gr
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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