NAFA explained, in an informative material, the rules regarding the authorization and use of the special mechanism for declaring and paying VAT on import. The special mechanism for declaring and paying VAT on imports was adopted at the end of June by emergency ordinance (59/2021), and the rules were published in the Official Gazette on 1 July.
Source Profit.ro
Latest Posts in "Romania"
- Draft Ordinance to Implement EU Small Business Scheme for X-Border Supplies Including Increased VAT Registration Threshold
- Romania Updates VAT Reporting Rules After Rate Increase to 21% and 11%
- Government Proposes VAT Amendments for Virtual and Live Streaming Event Supply Rules
- Romania VAT Briefing: Key Updates and Developments (July – August 2025)
- Romania’s E-Invoicing Reform: Key Business Impacts and Compliance Requirements for 2025-2026
