Michaela Merz

Germany – Extension of transition period for application of reverse charge mechanism for certain metals, selenium and cermet until 30.06.2015

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PwC Global Brand  Industry: Downstream Refinery Construction ExpansionPhoto_RGB_Rep_0571_004.jpgThe German Ministry of Finance extended the transition period for the application of the reverse charge mechanism for certain metals, selenium and cermet pursuant to § 13 b para. 2 no. 11 German VAT law (with exception of e.g. supplies of gold and scrap metals, which were already subject to the reverse charge mechanism prior to 1 October 2014) from 31 December 2014 to 30 June 2015.

If the goods in questions are supplied prior to 1 July 2015, it is neither at the supplier nor at the customer objected if the contract partners mutually assume the tax liability of the supplier. Condition therefore is that the supplier pays the VAT correctly. For partial payments or prepayments for supplies carried out after 30 June 2015 this applies accordingly, certain non-objection rules shall apply here.

One thought on “Germany – Extension of transition period for application of reverse charge mechanism for certain metals, selenium and cermet until 30.06.2015

  1. Pingback: Germany – Extension of transition period for application of reverse charge mechanism for certain metals, selenium and cermet until 30.06.2015 | Michaela Merz | Kelvin Hulsebos

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