{"@context":"https://schema.org","@type":"DefinedTerm","name":"input VAT deduction procedure","description":"A freight forwarder pays VAT on purchased cargo capacity, warehouse space, and vehicles—the input VAT deduction procedure allows that cost to be offset against the output VAT charged to customers, leaving the business tax-neutral on its purchases. Input VAT is the VAT a registered company has paid on goods and services it has acquired. The procedure nets input against output: if input VAT exceeds output VAT for a period, the business is entitled to a refund from the tax authority. This mechanism","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/input-vat-deduction-procedure","inLanguage":"en","dateModified":"2026-06-26T17:15:12.233471","citation":"https://ec.europa.eu/taxation_customs/business/vat_en","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/input-vat-deduction-procedure","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"input VAT deduction procedure · A freight forwarder pays VAT on purchased cargo capacity, warehouse space, and vehicles—the input VAT deduction procedure allows that cost to be offset against the output VAT charged to customers, leaving the business tax-neutral on its purchases. · Quelle: https://ec.europa.eu/taxation_customs/business/vat_en"}