- The circular provides guidance on applying the 13% reduced VAT rate to agricultural goods.
- The circular applies to tax and customs authorities and individuals who purchase, import, or deliver goods listed in paragraph 55 of Chapter A. GOODS of Annex III of the VAT Code.
- The reduced VAT rate of 13% applies to goods listed in paragraph 55 of Chapter A. GOODS of Annex III of the VAT Code, if they are primarily or exclusively intended for agriculture, livestock farming, or forestry by their nature and characteristics.
- The term “livestock farming” includes any activity of raising animals, birds, insects, or fish.
- The goods subject to the reduced rate and included in Annex III of the VAT Code are categorized according to their tariff classification.
- The nature of the goods and their objective characteristics are key criteria for applying the reduced VAT rate, demonstrating that they are intended exclusively or primarily for use in agriculture, livestock farming, and forestry.
- Due to the technical nature of certain devices, machines, and equipment that can be used primarily or exclusively in agriculture, livestock farming, and forestry, it is not feasible to exhaustively list all such items in the circular.
Source: e-forologia.gr
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.
