The persistence of doubts about the products covered or not by the VAT exemption has led the tax present new clarification about what is included. It was already known that ‘basmati’ or ‘jasmine’ rice would not be charged VAT, and the same applies to steamed rice. As for fruit, a cantaloupe is on the list in the law and according to the AT, the same is true of melon as it is “a variety of melon, characterised by its rounded shape”.”Watermelon is not listed in Law No. 17/2023, of April 14, as it is not covered by the exemption”.
Source: theportugalnews.com
Latest Posts in "Portugal"
- Flashback on ECJ cases – C-347/95 (Fazenda Pública v UCAL) – Product-specific charge is not a turnover tax
- Portugal Ordinance Phases in VAT Reporting and Compliance Changes
- Portugal Redefines Invoice Corrections: When to Cancel, Reissue, Credit or Debit an Invoice
- Portugal Updates VAT Invoice Correction and Regularization Rules
- Portugal Updates VAT Correction and Return Rules
