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Romania Increases Reduced VAT Rate on Agricultural Products and Services to 11%

The Romanian Official Gazette published Order No. 1,515/313 on September 23, which amends reduced VAT rates on various agricultural products and services. The order specifically increases the reduced VAT rate from 9% to 11% for essential inputs like fertilizers and pesticides used in agricultural production. This rate increase to 11% also applies to seeds and other agricultural products intended for sowing or planting, as well as to services normally used in farming. The new regulations, including the higher 11% reduced VAT rate, entered into force immediately upon publication.

Source: news.bloombergtax.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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