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Imposition of a zero VAT rate on essential items as of November 1, 2023

Cyprus will impose a zero VAT rate on certain basic items from November 1, 2023 until April 30, 2024. The items include bread, milk, eggs, baby food, baby diapers, feminine hygiene products, adult diapers, coffee, and sugar. Ready-made drinks or beverages that have coffee as a raw material are not included.

Source PK NovusTax & Co Limited

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