Council Directive 2006/112/EC of 28 November 2006 on the common system of value added tax (c. 112)

[X1 TITLE VII U.K. TAXABLE AMOUNT]

CHAPTER 5 U.K. Miscellaneous provisions

Article 90 U.K.

1. In the case of cancellation, refusal or total or partial non-payment, or where the price is reduced after the supply takes place, the taxable amount shall be reduced accordingly under conditions which shall be determined by the Member States.

2. In the case of total or partial non-payment, Member States may derogate from paragraph 1.

Editorial Information

X1 Substituted by Corrigendum to Council Directive 2006/112/EC of 28 November 2006 on the common system of value added tax (Official Journal of the European Union L 347 of 11 December 2006).