When a 0% VAT rate can be used?Tags: vat, VAT rates Categories: FAQ, RSS
Intra-Community supply of goods is taxed with the VAT rate of 0 percent, provided that:
taxpayer made a delivery to the buyer who has an appropriate and valid identification number for intra-Community transactions, given by the Member State of the purchaser. The number has to include a two-letter code used for value-added tax. The number has to be placed on the invoice stating the delivery of goods (as referred to in article 97, paragraph 10 of the VAT Act);
taxpayer, before the deadline to file a tax return for the specific period, has in its records evidence that the goods which are the subject of an intra-Community supply have been transferred from the territory of the country and delivered to the purchaser in a Member State other than that of the country of the taxpayer.