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Global Trade Alert

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EU: Temporary VAT relief to COVID-19 vaccines and testing kits

Description

On 11 December 2020, the EU published Regulation (EU) 2020/2020 that provides temporary VAT relief to COVID-19 vaccines and in vitro diagnostic medical devices. The objective is to ensure, as soon as ...

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Intervention Details

Intervention Type

Internal taxation of imports

MAST Chapter

F: Price-control measures, including additional taxes and charges

Implementation date

12 Dec 2020

Revocation date

31 Dec 2022

Implementation level

Supranational

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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