- A new extended transitional period is introduced for the activity of ships mainly in open sea for the purpose of granting VAT exemptions.
- The decision A.1208/2023 modifies paragraph 1 of article 7 of POL 1177/19-9-2018.
- The transitional period now extends from 01.04.2018 to 31.12.2024.
- Ships that conducted voyages in open sea are considered as ships mainly operating in open sea.
- The transitional period was previously from 01.04.2018 to 31.12.2022.
- The new period also includes exemptions for ships in the specified category of article 27 of the VAT Code.
- These ships are those built for open sea, with a maximum external length of 12 meters or more, and engaged in passenger transport or commercial, industrial, or fishing activities.
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.
