- Decision No A 1022 2025 amends VAT exemption procedures for goods subject to excise duty and consumption tax
- Decision outlines VAT exemption process for goods intended for export or delivery to a VAT registered person in another EU member country
- Requires submission of a Special Consumption Tax Declaration and VAT Exemption Certificate with supporting documentation
- Sets a nine month deadline for exporting or delivering goods within the EU extendable up to four months and a 20 month deadline for Authorized Economic Operator certificate holders extendable up to four months
- Provides procedure for finalizing VAT exemption by submitting a settlement account within two months after the deadline
- Imposes penalties for non-compliance
- Decision enters into force the same date
Source: news.bloombergtax.com
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.
