VAT Neutrality and Reverse Charge on Import of Investment Goods

• Clarifies Circular POL 137/1987 on how VAT is paid for imported investment goods and intra-Community acquisitions.
• Eligible businesses may avoid paying VAT at customs and instead use the reverse charge mechanism in their VAT returns.
• The article emphasizes VAT neutrality: output and input VAT are accounted for together, preventing cash-flow burdens.
• It also states that VAT suspension rules for property supplies or building materials must respect neutrality and not unfairly limit the right to deduct input VAT.

Source: e-forologia.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.

---

---