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Suspension of entry into force and collection of VAT and SCT

Suspension of entry into force and collection of VAT and SCT

On June 28th Provisional Presidential Legislative Decree no. 1/19 was published, which has suspended the entry into force of the Value Added Tax Code (VAT), approved by Law no. 7/19 of 24th of April. Thereby, the collection of VAT and Special Consumption Tax (SCT) has been suspended until approval of new regulations establishing a new entry into force date.

VAT and SCT should have entered into force on 1 July 2019.