- VAT facility on sale of qualifying battery-based electric vehicles extended
- Government bears portion of VAT on sale of qualifying BEVs
- Extension of VAT facility from 1 January 2024 to 31 December 2024
- Government bears portion of VAT on sale of electric four-wheeled vehicles and electric buses
- Qualifying BEVs must meet domestic requirements and have minimum domestic content
- Low-risk PKP status provided to PKP delivering qualifying BEVs
- Preliminary VAT refund available for eligible PKP
Source: www2.deloitte.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.
