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Updated Explanation of VAT Law on Rounding Cash Payments

  • An updated explanation of the Value Added Tax Law Article 15 Part 24 has been prepared
  • The update is based on changes to the Value Added Tax Law and the Law on Rounding Cash Payments both effective May 1 2025
  • The updated explanation can be found here
  • The Legal Department prepared the update

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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