Unified Value Added Tax Rules were published on 14th April, 2021 with effective date 22th April, 2021. They shall be implemented from 1st July, 2021.

These Rules substitute for all current by-laws relating to value added tax. A set of laws and by-laws concerned with VAT includes:

  • Value Added Tax Act;
  • Value Added Tax Manual;
  • Decree on the Quantity of Scrap (shrinkage, wastage, spillage and breakage) on which value added tax is not paid;
  • Decree on the Criteria Used to Determine What is Deemed a Predominant Supply of Goods to a Foreign Country for Purposes of the Value Added Tax Act;
  • Decree on the Enforceability of the Value Added Tax Act in the Territory of the Autonomous Province of Kosovo and Metohija while the Resolution 1244 of the United Nations Security Council is in Place.

Major changes introduced by the new VAT Rules concern the following:

  • Rules to determine a tax debtor for the supply of goods or services associated with the construction industry;
  • Determining the basis for charging VAT;
  • Taxation of returnable packaging – implications for the amount on which VAT is charged;
  • Logistics rebate – change in the amount on which tax is paid, new supply or reimbursement of expenses;
  • Return of goods as a new supply or change to taxable income;
  • Transportation services linked to import and export of goods;
  • Modification of individual conditions for a tax exemption with the right to deduct input tax;
  • Procedure in the case of subsequent fulfilment of the conditions for a tax exemption;
  • Giveaways in the form of advertising material;
  • Requirements for a tax exemption with a partial or full transfer of property;
  • Tax aspect of repairing a product under warranty;
  • Guidelines on how to create an invoice and what to include on it.

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