26 minutes agoThree innovations from the new VAT law
Periskopi(8 years ago)
(8 years ago)Under the new VAT law, expected to go into effect on 1 January 2019, businesses in Kosovo are expected to benefit in at least three cases. Supplying goods produced in Kosovo that are used as raw materials for the production process will be treated as fair credit sales treated [...]
Supplying goods produced in Kosovo that are used as raw materials for the production process will be treated as fair credit sales treated as exports.
The milling service will be treated with a flat rate of 8% from the current 18%. And most importantly:
The country's domestic VAT fee for imports (so businesses will have two options to pay T VSH immediately during the import or in a deadline expected to be assigned by a sublaw act.
