This Ministerial Decree (MD) sets forth detailed rules for the implementation of the new traceability system for the circulation in the Italian territory of lubricating oils (CN codes from 2710 19 81 to 2710 19 99) and lubricating preparations (CN code 3403, transported in bulk or in containers with a capacity exceeding 20 liters), where these products come from another Member State of the European Union (EU) and are intended to be released for consumption in Italy or subject to transit through Italy to be released for consumption elsewhere. Specifically, in order to combat the fraudulent use of lubricating oils and preparations of EU origin, the MD has established that the circulation in Italy of these products, prior to their release for consumption, shall be subject to the request and the issuance of an “Administrative Reference Code” through the computerized system of the Italian Customs and Monopolies Agency (CMA). This code shall be entered in the transport documentation from the Member State of departure, and it shall be verified at the end of the circulation of these products in Italy.
Source: EY
Latest Posts in "Italy"
- Italy Issues Clarification on VAT Treatment of Transfer Pricing Adjustments
- Companies Must Opt for VAT Group by September 30 for 2026 Implementation
- Italian Tax Authorities Clarify VAT Deduction on Imports by Non-Owners for Cross-Border Businesses
- Italian Tax Agency Clarifies VAT Adjustment Notes During Preventive Agreement Proceedings
- Italian Tax Agency Confirms Exclusion of Asset Sales from VAT Deduction Pro Rata Calculation
