The Lithuanian Parliament (Seimas) adopted Bill No. XIVP-1307, which applies a preferential VAT rate of 0% to foodstuffs. The aim is to reduce the prices of food products.
The legislation would go into effect on August 1.
Source GVC
Latest Posts in "Lithuania"
- Lithuania Clarifies Small-Business VAT Exemption Where Cross-Border Transactions Trigger Registration
- Lithuania Launches New IDAIS Platform for Intrastat Reporting
- Lithuania Clarifies VAT Registration Rules Under Small Business Regime
- Lithuania Updates VAT Rules on Incidental Supplies and ViDA Implementation
- Lithuania to Clarify VAT Registration Threshold Calculation Rules














