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Rounding Final Prices for Cash Payments: VAT Clarification

  • The final price of goods or services is rounded when paying in cash.
  • This rounding affects the VAT base.
  • The Legal Department has prepared an explanation regarding this.
  • The updated commentary can be found here.

Source: vmi.lt

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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