In response to an inquiry, the Italian Revenue Agency clarifies the applicable VAT rate for a dietary product classified under a specific code. The determination of the correct rate depends on the technical assessment conducted by the Customs Agency. Based on the classification, a reduced VAT rate is deemed applicable to the dietary product, categorized as a ‘different food supplement’ contributing to overall well-being
Source: eutekne.info
Latest Posts in "Italy"
- 10% VAT Applies to Wood Chips and Sawdust Sales Regardless of Buyer’s Intended Use
- Italy Postpones Implementation of Consolidated VAT Code to 2027
- Italy Updates VAT Rules: Flat-Rate Regime, Exemptions, and 5% Rate for Social Sector
- Italy Implements New Cross-Border VAT Exemption Regime for Small Businesses from 2025
- Italy Introduces 5% VAT for Art Market: Key Regulatory Changes and International Opportunities
