Starting from 1 June 2015 Romania will apply the reduced VAT rate of 9% to the supply of the following goods …
Starting from 1 June 2015 Romania will apply the reduced VAT rate of 9% to the supply of the following goods:
- food and drink (except alcoholic beverages) destined for human and animal consumption;
- live animals and birds of domestic species;
- seeds, plants and ingredients used in preparing foods;
- products used to complete or replace foods.
We are currently awaiting the publication of the Application Norms which will provide the NC codes of all products to which the reduced VAT rate will apply.
The reduced VAT rate will also apply to the supply of restaurant and catering services, except for the supply of alcoholic beverages.
Until the publication of the Government Emergency Ordinance 6/2015 that introduced these amendments, the reduced 9% VAT rate was applicable only to certain seeds and plants used for human consumption, as well as for bread and other products assimilated to bread.
Emilia Dragu and Marina Alexandru
DC Tax
