- Law no. 216/2023 brings changes to the application of reduced VAT rates in the wood and energy industries.
- The reduced rate of 5% VAT now applies to the delivery of sawdust, waste, and agglomerated wood scraps in the form of pellets or briquettes, as well as non-agglomerated wood scraps for use as heating fuel.
- The reduced rate also applies to the delivery and installation of photovoltaic panels and heat pumps, as well as components for repairing and expanding these systems. A self-responsible declaration is required from legal entity buyers, while individual buyers can benefit from reduced VAT rates by providing their home address on the invoice or signing a self-responsible declaration.
Source PwC
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