NGM : No final decision on the reverse VAT on sugar

Final decision has not been born yet on the on the reverse VAT on sugar trade.

The European Commission has decided only in the question of urgency, and not over the extension of the reverse VAT The Hungarian government will continue to carry out intensive negotiations with Brussels and, if necessary, submits new requests – the Ministry of National Economy (NGM) responded to MTI on Monday.

The MTI interviewed the misnistry after the European Commission (EC) has rejected Hungary’s request to allow the use of reverse VAT in sugar trade. (MTI)