- Law no. 216/2023 has introduced changes to the application of reduced VAT rates in the wood and energy industries.
- The reduced VAT rate of 5% will now apply to the delivery of sawdust, waste, and agglomerated wood scraps in the form of wood pellets, wood briquettes, or similar forms, as well as non-agglomerated wood scraps used as heating fuel.
- This reduced rate applies to deliveries to individuals, legal persons, and other entities based on a statement of own responsibility certifying their status as end users.
- The reduced VAT rate of 5% also applies to the delivery and installation of photovoltaic panels and heat pumps, as well as the delivery and installation of components to repair and expand these systems.
- Legal entity buyers must sign a statement of own responsibility, while individual buyers can benefit from reduced VAT rates based on the address of the home where the products are installed.
Source PwC
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