- The Official Gazette has published HG 653/2023, which modifies and completes Title VII of the Methodological Norms for the Application of the Fiscal Code.
- The changes include new provisions for VAT exemption for medical prostheses and orthopedic products, modification of the value ceiling for social housing delivery, and the application of a 9% rate for hotel accommodation activities and restaurant and catering services.
- The project must be approved by the Government and published in the Official Gazette to take effect. Law no. 88/2023 introduces changes to the Fiscal Code, requiring provisions to establish conditions for tax exemptions.
- Non-alcoholic beverages under certain codes are exempt from reduced VAT rates, and the reduced rate for hotel accommodation activities and restaurant and catering services increases from 5% to 9%.
Source contabilul.manager.ro
