VATupdate

Share this post on

Circular on the exemption pf PPE’s till Dec 31, 2020 and 5% reduced rate as of Jan 1, 2021

Supplies of surgical masks and other qualified personal protective and medical equipment used in the fight against COVID-19 are exempt from VAT with right of deduction until 31 December 2020, while starting from 1 January 2021, will apply the 5% reduced VAT rate on such supplies.

Source Fiscoggi

Circular no.26 ddOct 15, 2020

* click here if you have interesting news to share *