📘 VAT on margin – Important information

Lifone.store SAS applies the VAT margin scheme, in accordance with articles 297 A et seq. of the General Tax Code , for the sale of its second-hand and refurbished phones.

🔹 What is VAT on margin?

VAT on margin is a scheme specific to second-hand goods.
It applies when the products do not allow VAT recovery by the seller upon their acquisition.

🔹 Consequences for the customer

  • ✔ The price displayed on the website already includes VAT (TTC).

  • ✔ VAT is not deductible for individuals or professionals .

  • ✔ No VAT rate or VAT amount appears on the invoices.

🔹 Mandatory information on invoices

All invoices issued by Lifone.store include the following legal notice:

"VAT on margin – Second-hand goods – Article 297 A of the French General Tax Code"

🔹 Why is VAT not recoverable?

Because Lifone buys its second-hand products without deductible VAT , and only applies VAT to the margin made , never to the total price.

This guarantees a more attractive final price for the customer, while strictly complying with French tax regulations.