Cancellation of the VAT exemption on the supply of gas and electricity

The Minister of Finance has revoked the decision of the previous Minister of Finance to remove VAT on the supply of electricity and gas, which covered the supply of these commodities in November and December 2021. The decision is only effective for the future, i.e. it does not retroactively change the procedure for tax application. In practice, however, it is important for those who did not follow the decision and strictly adhered to the VAT Act.

Source Deloitte

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