# Council Directive 2006/112/EC of 28 November 2006 on the common system of value added tax, Article 62

Extent: E+W+S+N.I.

For the purposes of this Directive:
(1) ‘chargeable event’ shall mean the occurrence by virtue of which the legal conditions necessary for VAT to become chargeable are fulfilled;
(2) VAT shall become ‘chargeable’ when the tax authority becomes entitled under the law, at a given moment, to claim the tax from the person liable to pay, even though the time of payment may be deferred.

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Source: https://www.legislation.gov.uk/eudr/2006/112/article/62 (the official version)
Page: https://openlegislation.uk/eu-directive-2006-112/article-62
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.