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Valued Added Tax (VAT) for Italy

The prices shown on the www.favero.com site do NOT include VAT (22%).

The VAT and total amount will be specified in our quote.

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VAT in the European Community (excluding Italy)

Conditions for payments without VAT

If you are a Company and you have the valid requirements you will not be charged of VAT.

You are reminded in this case that you will have to make your INTRASTAT declaration by specifying the Classification Nomenclature appearing on our sales invoice.

FAVERO reserves the right to ask for supplementary information in order to verify the validity of the data you have provided.

Conditions for payments with VAT
You will be charged 22% VAT on the price of the goods you purchase if:

• you are a private citizen of the European Community.

• you are a business with a registered office in the European Community and you do not have or do not provide your intra-EC VAT number.
  
• If you require an EX WORKS shipment.
  

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VAT for all countries not included in the European Community

You will not be charged VAT.
You will be asked to pay the VAT and CUSTOMS required by your country at the time the goods are delivered.
If transport is carried out by a courier of your choice, we debit the VAT as a deposit. The deposit will be refunded after receiving the MRN document. After 60 days from the issue of the invoice without receiving this document, the VAT will be paid to the Italian Government.