Clarifications on the application of reduced VAT rates for certain agricultural products – VAT declaration completion

• Circular 2059/2023 provides clarifications on the application of reduced VAT rates for certain agricultural products and the completion of VAT declarations.
• The scope of application of the circular includes entities that supply goods subject to the reduced rate of 13% and provide services subject to the super-reduced rate of 4%.
• Article 31 of Law 5057/2023 introduces a reduction in the VAT rate for specific goods and services from November 1, 2023.
• The article modifies the third paragraph of Article 21 of the VAT Code to include an additional tax rate of 4%.
• It also adds paragraph 55 to Chapter A of Annex III of the VAT Code, specifying the goods eligible for the reduced rate of 13%.
• Paragraph 11 is added to Chapter B of Annex III, defining services eligible for the super-reduced rate of 4%.
• The provisions of the circular come into effect on November 1, 2023.
• The circular provides clarifications on the goods and services subject to the reduced rate of 13% and the super-reduced rate of 4%.
• The goods are described and identified by their corresponding Customs Classification (CC) in Chapter A of Annex III of the VAT Code.
• The indication “CC” in certain Customs Classifications means that only the specific items listed in each paragraph of Annex III are eligible for the reduced VAT rate, not all items in the specific Customs Classification.

Source: taxheaven.gr

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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