When doing imports into Spain, the corresponding VAT is liquidated by Customs and is to be paid before the goods are cleared to free circulation except for the case that the import qualifies for any exemption (i.e. the so called regime 42 where the import is followed by an intracommunity supply or the goods are affected to an special Customs regime). Since the recovery of import VAT is to be obtained by way of compensation at the corresponding periodical VAT return, this procedure involves a f...
