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Montenegro Sets 0% VAT Rate for Flour and Sunflower Oil and Reduced Rate for Heating Pellets

|Approved Changes|Montenegro
Montenegro

Montenegro's Revenue and Customs Administration has issued a notice on the goods that are taxed at the reduced (7%) and zero (0%) VAT rate for 2022, taking into account amendments to the VAT Law published in the Official Gazette on 6 May 2022. This includes that the reduced rate of 0% applies for different types of flour and for sunflower oil until 31 December 2022, along with an exemption from VAT on imports of these goods. From 1 January 2023, the VAT rate on these goods will revert to th…

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