How will farmers be compensated for VAT? - Taxes clarify the procedure and deadlines for submitting the request
Farmers will benefit from a 10% VAT refund for the purchase of inputs. What is the procedure to benefit from it through auto-invoicing?
The General Directorate of Taxes explains that the buyer registered for VAT as a collector, processor or certified agrotourism, issues a tax invoice (autoinvoice) on behalf of the agricultural producer (farmer) for the goods or services purchased. The value of the invoice is used to calculate the compensation and must include the NIPT of the producer and other elements of the tax invoice according to the law.
But what conditions must farmers meet for compensation? One of them is the annual turnover which must not exceed the minimum VAT registration limit. The products or services must be the result of his agricultural work. The goods or services are sold to taxable persons who do not benefit from the compensation scheme. They must also be provided with a NIPT identification number from the tax administration, without having a periodic obligation to declare VAT.
The compensation rate is 10 percent of the total value of products supplied by the agricultural producer, documented with tax invoices, over a 6-month period.
The farmer must submit the request for compensation to the tax administration electronically or through the postal service, attaching a copy of the invoices issued by the buyer of agricultural goods and services and his bank account number.
The request for compensation is made on a 6-month basis. By December 31, 2026 for supplies made from January to June 2026 and by June 30, 2027 for supplies made from July to December 2026. The compensation from the tax administration is made within 30 days from the date of submission of the request by the farmer.
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