- The Romanian Ministry of Public Finance clarified the application of a reduced VAT rate to photovoltaic system storage batteries.
- The reduced VAT rate applies to storage batteries as part of an “installation kit” under Law No. 216/2023.
- The reduced rate applies only to off-grid photovoltaic systems, not on-grid or hybrid systems.
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.