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Description
On 28 March 2023, the Minister of Finance issued Regulation No.38/2023, granting a selective tax cut for electric vehicles with certain local content by providing a VAT reduction. The VAT was reduced ...
Intervention Details
Intervention Type
Tax or social insurance relief
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
01 Apr 2023
Revocation date
31 Dec 2024
Implementation level
National
Affected flow
Inward
Announced as temporary
Yes
Eligible firms
all
Affected Sectors
Affected Products
See all
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