- Retailers in Romania face tougher sanctions for selling excisable products without a certificate
- The new law aims to prevent tax evasion and money laundering
- Sanctions include fines, suspension of activity, and confiscation of products or sale amounts
- Sanctions apply to both wholesale and retail sales, and to both businesses and individuals
- Retailers must register with customs authority and obtain a commercialization certificate
- Retail companies must notify customs authority of any changes to registration data
- The law will enter into force on January 1, 2024
Source: fiscal-requirements.com
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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