As a reminder, last month the draft law about the introduction of the euro as an official currency was published, with a lot of changes and rules that must be followed. If we analyse it from the seller's point of view, more rules must be respected.
We will elaborate on this topic below.
Analyse the draft law for the introduction of the euro in Bulgaria: obligations in terms of the presentation of prices
Public
Bulgaria
Author: Kristina Dosen
Category:
Fiscal subject related
Views:
59
Content accuracy validation date:
16.04.2024
Content accuracy validation time:
08:12h
Content
Namely, when the prices of goods and services are indicated twice, the prices in euros and in levs must be placed in close proximity; they must be written clearly, legibly, unambiguously, and easily understandable, with the same font size, in a way that does not introduce users to delusion. Also, during the period of double indication of prices, traders will be obliged to indicate only the final prices in BGN and in Euro.
In terms of discounts, when announcing a reduction in the prices of goods and services, which is expressed in absolute value or as a percentage, the seller can make a double indication of the prices of goods and services only in relation to the final price paid by the consumer.
In the period of double circulation, when payment is received in cash in BGN or in euros, the merchant will be obliged to do returns of the change in euros. Also, in the period of double circulation, in the event of a complaint about a product or service, the merchant returns the amount paid in euros. A refund of the amount paid in cash in BGN is allowed only if the merchant does not have sufficient current availability to return the amount in cash in euros.
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How long the dual circulation period will last in Bulgaria, and in which currency change and return will be made?
Public
Bulgaria
Author: Kristina Dosen
Bulgaria
Author: Kristina Dosen
From the date of the introduction of the euro in the Republic of Bulgaria, for a period of one month, the lev and the euro will be legal means of payment on the territory of the Republic of Bulgaria. (period of dual circulation of the leva and the euro). This means that for this one month, citizens will be able to make payments in both currencies. After the expiration of this period, the lev will... Read more
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New document was uploaded: S4F backoffice patch
Author: Kristina Dosen
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Analyse the draft regulation for the introduction of electronic receipts in Bulgaria.
Bulgaria
Author: Kristina Dosen
As we wrote in our previous news, the Draft Ordinance amending and supplementing Ordinance No. H-18 of 2006 on registration and reporting through fiscal devices of sales in commercial establishments, requirements for software for their management, and requirements for persons who carry out sales has been made available for public discussion until April 3, signaling the government's commitment to soliciting feedback and ensuring a smooth transition to electronic receipt issuance. Read more