Starting 1 August 2016, the reduced VAT rate of 9% will also apply to supplies of fertilizers and pesticides used in agriculture …
Starting 1 August 2016, the reduced VAT rate of 9% will also apply to supplies of fertilizers and pesticides used in agriculture, to supplies of seeds and other products destined for sowing or planting, as well as to the supply of services used in the agriculture sector. The Ministry of Finance will issue an Order in the following months detailing the type of services that this reduced rate will apply to.
This measure is aimed at helping investors in the agriculture sector in Romania.
Emilia Dragu and Marina Alexandru
DCTax
