SEB Bankas, judgment of 11.04.2018, C‑532/16

If VAT was originally paid by the seller and deducted by the buyer, but after 4 years it turned out that the transaction was exempt, it is up to the member state to determine the date on which the obligation to correct the input tax arises. Member States, however, must respect the principles of EU…...

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If VAT was originally paid by the seller and deducted by the buyer, but after 4 years it turned out that the transaction was exempt, it is up to the member state to determine the date on which the obligation to correct the input tax arises. Member States, however, must respect the principles of EU…...

This content is for Full Membership members only. Want to read background, core of the problem, conclusion and more?
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