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June 30, 2022
BUSINESS

Proposal on lowering VAT on drinking water to be analyzed by government

The proposal on lowering the VAT on drinking water will be analyzed by the Social-Democrat ministers, Premier Victor Ponta stated on Monday, pointing out that he supports such a “European regulation.”

“It was a proposal made by some of our colleagues. But I asked for an analysis on Monday – what it entails, how much it costs, who is it addressed to – because it is more of a social rather than a fiscal measure. And Mrs. Rovana Plumb, who made this proposal some time ago, along with Mr. Teodorovici, with our other MP colleagues, will present an analysis on Monday,” Ponta stated.

Asked whether he agrees with such a proposal, he answered: “Obviously. In fact, it’s a regulation practiced at European level. And, since we’ve placed foodstuffs in line with the European regulation – since only Denmark and Hungary lack VAT on foodstuffs – we could stake on European regulations in the case of other products such as water too. The important thing is to adjust the [budgetary] impact,” the PSD President added.

He reiterated that the ordinance on lowering the VAT on all foodstuffs to 9 per cent will come into force on June 1, the ordinance being already published in the Official Gazette, Agerpres informs.

“Everybody is preparing the accounting, everything has been done, the budgetary impact. We will discuss any other measure at the moment we have all data. I believe June 1 is too early (for lowering the VAT on water – editor’s note),” Ponta said.

 

 

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