VAT & Excise legislation
In international shipping the principle of tax and duty free use of goods and services is of fundamental significance. A ship may be supplied at every port she is calling and therefore competition between Ship Suppliers depends on the cost of goods, on transport conditions and services in different ports. Freedom of taxes is one of the most important conditions to avoid distortions between different ports and different countries.
The VAT regulation which concerns Ship Supply and its related exemptions are described in Directive 2006/112/EC which entered in force 1st Jan 2007 ( Publ. L347 Vol 49 of 11 Dec 2006 ),in particular Title 9 Chapter 1 and Chapter 7 Art 148.
- COUNCIL DIRECTIVE 2008/118/EC of 16 December 2008 concerning the general arrangements for excise duty and repealing Directive 92/12/EEC
- COUNCIL DIRECTIVE 2006/112/EC of 28 November 2006 on the common system of value added tax
- General Assembly ANPAN 30.04.2010
ANPAN VAT Presentation
Italian VAT Presentation