The Revenue and Customs Administration reminds taxpayers of the provisions of the Law on Value Added Tax, the delayed application of which begins on January 1, 2024, and which provides that the turnover of food and clearly specified types of drinks in catering establishments categorized as restaurants and catering establishments be subject to a reduced VAT rate of 7%. The Law on Value Added Tax clearly defines the types of turnover of products and services for which the value-added tax is calculated at a reduced rate of 7%, as well as other acts that precisely contain definitions about certain types of products and places where they will be used.
VAT changes in Montenegro from 2024
Public
Montenegro
Author: Kristina Dosen
Category:
Fiscal subject related
General information
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238
Content accuracy validation date:
14.02.2024
Content accuracy validation time:
08:18h
Content
Therefore, the services of preparing and serving food and beverages and beverages except alcoholic beverages, carbonated beverages with added sugar, as well as beverages with added coffee until the end of 2023 are taxed at a reduced rate of 7% in all catering facilities, while from the beginning of 2024 year, at a reduced rate of 7%, to tax the services of preparing and serving food and non-alcoholic non-carbonated drinks, the overview of which is given in the Rulebook , exclusively in establishments that are categorized as restaurants and catering establishments in accordance with the Tourism and Hospitality Act , and that have a permit for performance of activities issued by the competent authorities in the manner determined by the aforementioned Law. Traffic in carbonated and non-carbonated bottled water is carried out at a standard rate of 21%, in accordance with the provisions of Article 24a, paragraph 1, point 7 of the Law, and Article 9b of the Rulebook.
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