47Second, it should be recalled that the right of VAT deduction is a fundamental principle of the common system of VAT, which in principle may not be limited, and is exercisable immediately in respect of all the taxes charged on the taxable person’s input transactions (judgment of 21 November 2018, Vădan, C‑664/16, EU:C:2018:933, paragraph 37 and the case-law cited).
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