VATupdate
VAT

Share this post on

Circular to reduce VAT to 6% in personal hygiene products

Rduction of VAT rates for products needed to protect against the coronavirus and prevent its transmission. More specifically, under the Legislative Act FEK A/20.03.2020 (the act), there will be a reduction of the VAT rates from 24% to 6% for such products, i.e. hygienic masks and gloves, antiseptic solutions, wipes and other preparations, soap and other items for personal hygiene, and ethyl alcohol (if used as a raw material by industry for the production of antiseptics). The reduction applies until 31 December 2020.

Source Circular

Unofficial translation in English

Sponsors:

VAT news

Advertisements: