On 17 November 2023, the Council of Ministers decided the temporary application of the zero VAT rate on specific types of meat and vegetables, which were previously subject to the reduced VAT rate of 5%.
The relevant products will be subject to the zero VAT rate from 1 December 2023 until 31 May 2024. Please refer to the below list of products affected by the temporary VAT rate reduction:
Effective from 1 December 2023 to 31 May 2024:
A. Fresh, chilled or frozen meat and edible meat offal
- Meat of bovine animals (tariff codes 0201 and 0202)
- Meat of swine (tariff code 0203)
- Meat of sheep or goats (tariff code 0204)
- Edible offal of bovine animals, swine, sheep, goats (tariff code ex 0206)
- Meat and edible offal of poultry under heading 0105 (tariff code 0207)
- Other meat and edible meat offal of rabbits or hares (tariff code 0208)
B. Fresh or chilled edible vegetables and certain roots and tubers
- Tomatoes (tariff code 0702)
- Onions, shallots, garlic, leeks and other alliaceous vegetables (tariff code 0703)
- Cabbages, cauliflowers, kohlrabi, kale and similar edible brassicas (tariff code 0704)
- Lettuce (Lactuca sativa) and chicory (Cichorium spp.) (tariff code 0705)
- Carrots, turnips, salad beetroot, salsify, celeriac, radishes and similar edible roots (tariff code 0706)
- Cucumbers and gherkins (tariff code 0707)
- Leguminous vegetables, shelled or unshelled (tariff code 0708)
- Other vegetables such as asparagus, aubergines (eggplants), celery other than celeriac, mushrooms and truffles, fruits of the genus Capsicum or of the genus Pimenta, spinach, artichokes, olives, pumpkins, courgettes, other salad vegetables apart from lettuce (e.g. coriander, parsley, purslane), capers, fennel (tariff code 0709)
Stock inventory:
It is reiterated that, based on the provisions of Notification KDP 259/2004, in cases of amendments in the applicable VAT rates, taxpayers are obligated to perform a stock count of the goods affected by the change. The stock count must be carried out the day before application and should include a quantitative counting and evaluation.
How can 乐鱼（Leyu）体育官网 assist?
Should you require further clarifications on the provisions of the Decree and their application, please contact our trusted advisors in the Indirect Tax Department at 乐鱼（Leyu）体育官网 Cyprus.
乐鱼（Leyu）体育官网鈥檚 Indirect Tax team provides advice and assistance at the Cyprus and international level. We structure our effort to dovetail with your business issues and strategy. Our focus is on supplying value adding and pragmatic advice rather than just a list of recommendations.
Our tax professionals are able to review your company鈥檚 current tax position and provide relevant advice and planning on a range of indirect taxes, including VAT, customs duties and excise taxes (such as tax audits, reorganizations and acquisitions, etc.). Furthermore, we can help your company with its administrative obligations and contacts with administrative bodies.
螘蟺喂尾慰位萎 渭畏未蔚谓喂魏慰蠉 蟽蠀谓蟿蔚位蔚蟽蟿萎 桅.螤.螒. 蟽蔚 魏蟻苇伪蟿伪 魏伪喂 位伪蠂伪谓喂魏维
螠蔚 尾维蟽畏 蟿慰 未喂维蟿伪纬渭伪 蟿慰蠀 违蟺慰蠀蟻纬喂魏慰蠉 危蠀渭尾慰蠀位委慰蠀 畏渭蔚蟻慰渭畏谓委伪蟼 17 螡慰蔚渭尾蟻委慰蠀 2023 (), 畏 魏蠀尾苇蟻谓畏蟽畏 伪蟺慰蠁维蟽喂蟽蔚 蟿畏谓 蟺蟻慰蟽蠅蟻喂谓萎 蔚蠁伪蟻渭慰纬萎 蟿慰蠀 渭畏未蔚谓喂魏慰蠉 蟽蠀谓蟿蔚位蔚蟽蟿萎 桅螤螒 蟽蔚 蟽蠀纬魏蔚魏蟻喂渭苇谓伪 伪纬伪胃维, 蟿伪 慰蟺慰委伪 蠀蟺维纬慰谓蟿伪谓 蟽蟿慰 渭蔚喂蠅渭苇谓慰 蟽蠀谓蟿蔚位蔚蟽蟿萎 桅螤螒 5%, 蟺蟻慰蟽胃苇蟿慰谓蟿伪蟼 蟽蟿慰谓 魏伪蟿维位慰纬慰 蟺蟻慰蠆蠈谓蟿蠅谓 魏蟻苇伪蟿伪 魏伪喂 位伪蠂伪谓喂魏维 蟺慰蠀 魏伪蟿伪蟿维蟽蟽慰谓蟿伪喂 蟽蔚 蟽蠀纬魏蔚魏蟻喂渭苇谓慰蠀蟼 魏蠅未喂魏慰蠉蟼 魏位维蟽畏蟼 蟿慰蠀 未伪蟽渭慰位慰纬委慰蠀.
螚 蠀蟺伪纬蠅纬萎 蟿蠅谓 蔚谓 位蠈纬蠅 魏蟻蔚维蟿蠅谓 魏伪喂 位伪蠂伪谓喂魏蠋谓 蟽蟿慰 渭畏未蔚谓喂魏蠈 蟽蠀谓蟿蔚位蔚蟽蟿萎 桅螤螒 胃伪 喂蟽蠂蠉蟽蔚喂 伪蟺蠈 1畏 螖蔚魏蔚渭尾蟻委慰蠀 2023 渭苇蠂蟻喂 31 螠伪螑慰蠀 2024. 螤伪蟻伪胃苇蟿慰蠀渭蔚 蟺喂慰 魏维蟿蠅 蟿畏 位委蟽蟿伪 渭蔚 蟿伪 蟽蠀纬魏蔚魏蟻喂渭苇谓伪 蟺蟻慰蠆蠈谓蟿伪:
螠蔚 喂蟽蠂蠉 伪蟺蠈 1畏 螖蔚魏蔚渭尾蟻委慰蠀 2023 渭苇蠂蟻喂 31 螠伪螑慰蠀 2024
螒. 螝蟻苇伪蟿伪 谓蠅蟺维 萎 未喂伪蟿畏蟻畏渭苇谓伪 蟽蔚 伪蟺位萎 蠄蠉尉畏 萎 魏伪蟿蔚蠄蠀纬渭苇谓伪
- 螝蟻苇伪蟿伪 尾慰慰蔚喂未蠋谓 (魏蠅未. 魏位维蟽畏蟼 危螣 0201 魏伪喂 危螣 0202)
- 螝蟻苇伪蟿伪 蠂慰喂蟻慰蔚喂未蠋谓 (魏蠅未. 魏位维蟽畏蟼 危螣 0203)
- 螝蟻苇伪蟿伪 蟺蟻慰尾伪蟿慰蔚喂未蠋谓 萎 伪喂纬慰蔚喂未蠋谓 (魏蠅未. 魏位维蟽畏蟼 危螣 0204)
- 螤伪蟻伪蟺蟻慰蠆蠈谓蟿伪 蟽蠁伪纬委蠅谓 尾蟻蠋蟽喂渭伪, 尾慰慰蔚喂未蠋谓, 蠂慰喂蟻慰蔚喂未蠋谓, 蟺蟻慰尾伪蟿慰蔚喂未蠋谓, 伪喂纬慰蔚喂未蠋谓 (魏蠅未.魏位维蟽畏蟼 危螣 ex 0206)
- 螝蟻苇伪蟿伪 魏伪喂 蟺伪蟻伪蟺蟻慰蠆蠈谓蟿伪 蟽蠁伪纬委蠅谓 蟺慰蠀位蔚蟻喂魏蠋谓 蟿畏蟼 魏位维蟽畏蟼 0105 尾蟻蠋蟽喂渭伪 (魏蠅未. 魏位维蟽畏蟼 危螣 0207)
- 螝蟻苇伪蟿伪 魏慰蠀谓蔚位喂蠋谓 萎 位伪纬蠋谓 魏伪喂 蟺伪蟻伪蟺蟻慰蠆蠈谓蟿伪 蟽蠁伪纬委蠅谓 魏慰蠀谓蔚位喂蠋谓 萎 位伪纬蠋谓 尾蟻蠋蟽喂渭伪 (魏蠅未. 魏位维蟽畏蟼 危螣 ex 0208)
螔. 螞伪蠂伪谓喂魏维 谓蠅蟺维 萎 未喂伪蟿畏蟻畏渭苇谓伪 蟽蔚 伪蟺位萎 蠄蠉尉畏
- 螡蟿慰渭维蟿蔚蟼 (魏蠅未. 魏位维蟽畏蟼 危螣 0702)
- 螝蟻蔚渭渭蠉未喂伪, 伪蟽魏伪位蠋谓喂伪, 蟽魏蠈蟻未伪, 蟺蟻维蟽伪 魏伪喂 维位位伪 蟺伪蟻蠈渭慰喂伪 位伪蠂伪谓喂魏维 (魏蠅未. 魏位维蟽畏蟼 危螣0703)
- 螝蟻维渭尾蔚蟼, 魏慰蠀谓慰蠀蟺委未喂伪 魏伪喂 渭蟺蟻蠈魏慰位伪, 魏蟻维渭尾蔚蟼 蟽纬慰蠀蟻苇蟼, 纬慰纬纬蠀位慰魏蟻维渭尾蔚蟼, 位伪蠂伪谓维魏喂伪 螔蟻蠀尉蔚位位蠋谓 魏伪喂 蟺伪蟻蠈渭慰喂伪 尾蟻蠋蟽喂渭伪 蟺蟻慰蠆蠈谓蟿伪 蟿慰蠀 纬苇谓慰蠀蟼 Brassica (魏蠅未. 魏位维蟽畏蟼 危螣 0704)
- 螠伪蟻慰蠉位喂伪 (Lactuca sativa) 魏伪喂 蟻伪未委魏喂伪 (Cichorium spp.) (魏蠅未.魏位维蟽畏蟼 危螣 0705)
- 螝伪蟻蠈蟿伪, 纬慰纬纬蠉位喂伪, 魏慰魏魏喂谓慰纬慰蠉位喂伪 纬喂伪 蟽伪位维蟿伪, 位伪纬蠈蠂慰蟻蟿慰 (蟽魏慰蠀位委), 蟻伪蟺伪谓慰蟽苇位喂谓伪, 蟻伪蟺维谓喂伪 魏伪喂 蟺伪蟻蠈渭慰喂蔚蟼 尾蟻蠋蟽喂渭蔚蟼 蟻委味蔚蟼 (魏蠅未. 魏位维蟽畏蟼 危螣 0706)
- 螒纬纬慰蠉蟻喂伪 魏伪喂 伪纬纬慰蠀蟻维魏喂伪 (魏蠅未. 魏位维蟽畏蟼 危螣 0707)
- 螞伪蠂伪谓喂魏维 位慰尾慰蠁蠈蟻伪 渭蔚 萎 蠂蠅蟻委蟼 位慰尾蠈 蠈蟺蠅蟼 渭蟺喂味苇位喂伪 魏伪喂 蠁伪蟽蠈位喂伪 (魏蠅未. 魏位维蟽畏蟼 危螣 0708)
- 螁位位伪 位伪蠂伪谓喂魏维 蠈蟺蠅蟼 蟽蟺伪蟻维纬纬喂伪, 渭蔚位喂蟿味维谓蔚蟼, 蟽苇位喂谓伪, 渭伪谓喂蟿维蟻喂伪, 蟿蟻慰蠉蠁蔚蟼, 蟺喂蟺蔚蟻喂苇蟼, 蟽蟺伪谓维魏喂伪, 伪纬魏喂谓维蟻蔚蟼, 蔚位喂苇蟼 渭畏 蟺伪蟻伪蟽魏蔚蠀伪蟽渭苇谓蔚蟼, 魏慰位慰魏蠉胃蔚蟼, 魏慰位慰魏蠉胃喂伪, 蟽伪位伪蟿喂魏维 维位位伪 伪蟺蠈 渭伪蟻慰蠉位喂伪 (蟺.蠂. 魏蠈位喂伪谓未蟻慰蟼, 渭伪蠆谓蟿伪谓蠈蟼, 纬位蠀蟽蟿喂蟻委未伪), 魏维蟺蟺伪蟻畏, 渭维蟻伪胃慰 (魏蠅未. 魏位维蟽畏蟼 危螣 0709)
螒蟺慰纬蟻伪蠁萎 伪蟺慰胃蔚渭维蟿蠅谓
违蟺蔚谓胃蠀渭委味蔚蟿伪喂 蠈蟿喂, 渭蔚 尾维蟽畏 蟿畏 螕谓蠅蟽蟿慰蟺慰委畏蟽畏 , 蠈蟿伪谓 伪位位维味蔚喂 慰 蟽蠀谓蟿蔚位蔚蟽蟿萎蟼 桅螤螒, 慰喂 蔚蟺喂蠂蔚喂蟻萎蟽蔚喂蟼 蠀蟺慰蠂蟻蔚慰蠉谓蟿伪喂 谓伪 蟺蟻慰尾慰蠉谓 蟽蔚 伪蟺慰纬蟻伪蠁萎 伪蟺慰胃蔚渭维蟿蠅谓 蟿蠅谓 伪纬伪胃蠋谓 蟺慰蠀 蔚蟺畏蟻蔚维味慰谓蟿伪喂 伪蟺蠈 蟿畏谓 伪位位伪纬萎. 螚 伪蟺慰纬蟻伪蠁萎 蟺蟻伪纬渭伪蟿慰蟺慰喂蔚委蟿伪喂 蟿畏谓 蟺蟻慰畏纬慰蠀渭苇谓畏 畏渭苇蟻伪 魏伪喂 蟺蔚蟻喂位伪渭尾维谓蔚喂 蟺慰蟽慰蟿喂魏萎 魏伪蟿伪渭苇蟿蟻畏蟽畏 魏伪喂 伪蟺慰蟿委渭畏蟽畏.
螤蠋蟼 渭蟺慰蟻蔚委 谓伪 尾慰畏胃萎蟽蔚喂 畏 乐鱼（Leyu）体育官网;
螘维谓 蠂蟻蔚喂维味蔚蟽蟿蔚 慰蟺慰喂伪未萎蟺慰蟿蔚 尾慰萎胃蔚喂伪 伪谓伪蠁慰蟻喂魏维 渭蔚 蟿喂蟼 蟺蟻蠈谓慰喂蔚蟼 蟿慰蠀 螖喂伪蟿维纬渭伪蟿慰蟼 魏伪喂 蟿畏谓 蔚蠁伪蟻渭慰纬萎 蟿慰蠀蟼, 蔚蟺喂魏慰喂谓蠅谓萎蟽蟿蔚 渭蔚 蟿慰蠀蟼 伪尉喂蠈蟺喂蟽蟿慰蠀蟼 蟽蠀渭尾慰蠉位慰蠀蟼 渭伪蟼 蟽蟿慰 韦渭萎渭伪 螆渭渭蔚蟽畏蟼 桅慰蟻慰位慰纬委伪蟼 蟿畏蟼 乐鱼（Leyu）体育官网 螝蠉蟺蟻慰蠀.
韦慰 韦渭萎渭伪 螆渭渭蔚蟽畏蟼 桅慰蟻慰位慰纬委伪蟼 蟿畏蟼 乐鱼（Leyu）体育官网 蟺伪蟻苇蠂蔚喂 蟽蠀渭尾慰蠀位苇蟼 魏伪喂 蠀蟺慰蟽蟿萎蟻喂尉畏 蟽蔚 魏蠀蟺蟻喂伪魏蠈 魏伪胃蠋蟼 魏伪喂 未喂蔚胃谓苇蟼 蔚蟺委蟺蔚未慰. 螣喂 未喂伪蟻胃蟻蠅蟿喂魏苇蟼 蟺蟻慰蟽蟺维胃蔚喂苇蟼 渭伪蟼 蠁喂位慰未慰尉慰蠉谓 谓伪 蟽蠀谓未蠀维蟽慰蠀谓 蟿伪 蔚蟺喂蠂蔚喂蟻畏渭伪蟿喂魏维 蟽伪蟼 味畏蟿萎渭伪蟿伪 魏伪喂 蟽蟿蟻伪蟿畏纬喂魏萎. 螣 蟺蟻蠅蟿伪蟻蠂喂魏蠈蟼 蟽魏慰蟺蠈蟼 渭伪蟼 蔚委谓伪喂 谓伪 蟺蟻慰蟽蠁苇蟻慰蠀渭蔚 蟺蟻慰蟽蟿喂胃苇渭蔚谓畏 伪尉委伪 魏伪喂 慰蠀蟽喂伪蟽蟿喂魏苇蟼 蟽蠀渭尾慰蠀位苇蟼.
螣喂 蠁慰蟻慰位慰纬喂魏慰委 渭伪蟼 蟽蠉渭尾慰蠀位慰喂 蔚委谓伪喂 蟽蔚 胃苇蟽畏 谓伪 蔚尉蔚蟿维蟽慰蠀谓 蟿畏谓 蟿蟻苇蠂慰蠀蟽伪 蠁慰蟻慰位慰纬喂魏萎 胃苇蟽畏 蟿畏蟼 蔚蟿伪喂蟻蔚委伪蟼 蟽伪蟼 魏伪喂 谓伪 蟺伪蟻苇蠂慰蠀谓 蟽蠂蔚蟿喂魏苇蟼 蟽蠀渭尾慰蠀位苇蟼 魏伪喂 蟺蟻慰纬蟻伪渭渭伪蟿喂蟽渭蠈 蟽蠂蔚蟿喂魏维 渭蔚 未喂维蠁慰蟻伪 胃苇渭伪蟿伪 苇渭渭蔚蟽畏蟼 蠁慰蟻慰位慰纬委伪蟼, 蟽蠀渭蟺蔚蟻喂位伪渭尾伪谓慰渭苇谓慰蠀 蟿慰蠀 桅螤螒, 蟿蠅谓 蟿蔚位蠅谓蔚喂伪魏蠋谓 未伪蟽渭蠋谓 魏伪喂 蟿蠅谓 蔚喂未喂魏蠋谓 蠁蠈蟻蠅谓 魏伪蟿伪谓维位蠅蟽畏蟼 (蠈蟺蠅蟼 蔚尉伪纬慰蟻苇蟼, 伪谓伪未喂慰蟻纬伪谓蠋蟽蔚喂蟼, 魏伪喂 蠁慰蟻慰位慰纬喂魏慰委 苇位蔚纬蠂慰喂, 魏.位蟺.). 螘蟺喂蟺位苇慰谓, 渭蟺慰蟻慰蠉渭蔚 谓伪 尾慰畏胃萎蟽慰蠀渭蔚 蟿畏谓 蔚蟿伪喂蟻蔚委伪 蟽伪蟼 渭蔚 蟿喂蟼 未喂慰喂魏畏蟿喂魏苇蟼 蟿畏蟼 蠀蟺慰蠂蟻蔚蠋蟽蔚喂蟼 魏伪喂 蟿喂蟼 蔚蟺伪蠁苇蟼 蟿畏蟼 渭蔚 蟿伪 未喂慰喂魏畏蟿喂魏维 蠈蟻纬伪谓伪.
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