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Home Announcements

Certain consumer goods are now exempt from VAT

by Lawyers in Cyprus (LiC)
April 27, 2025
in Announcements
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certain consumer goods are now exempt from vat 6697c4b69deda
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A Decree modifying the VAT Law to impose a 0% VAT rate on deliveries of some necessary products was adopted by the Council of Ministers on May 2, 2023.

Bread, milk, eggs, baby food, children’s and adult diapers, and feminine hygiene items will all be subject to the zero percent VAT rate.

It is made clear that enterprises must do a stock take of the aforementioned goods in accordance with the VAT Legislation.

The temporary VAT decrease on the aforementioned product categories will be in effect from the date the Decree is published in the Republic’s Official Gazette through October 31, 2023.

View More Articles by Lawyers in Cyprus (LiC)

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