5.4. Deferred VAT on import

If you carry out import operations and have chosen to include the Value Added Tax quotas settled by Customs in your settlement declarations for the corresponding period, in accordance with the provisions of article 74.1 of Royal Decree 1624/1992 , of December 29 New window , which approves the Value Added Tax Regulation, the reduction in The Registry of Large Companies assumes that it is excluded from the application of said option, unless its settlement period continues to coincide with the calendar month because it is registered in the Registry of monthly VAT refund or it is covered by the Special Regime for Business Groups. Entities in VAT.