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Clarification on 5% VAT Rate Application for Medical Goods under Article 19(4) of VAT Law

  • The explanation (commentary) of Article 19, Part 4 of the VAT Law has been updated.
  • The update concerns the application of the reduced 5% VAT rate for medical purposes.
  • The aim is to ensure smooth implementation of tax laws.

Source: vmi.lt

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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