Law No. 195 Of 27 October 1998 On The Approval Of The Government Ordinance. 2/1998 On The Amendment Of The Government Ordinance. 3/1992 On Value Added Tax

Original Language Title:  LEGE nr. 195 din 27 octombrie 1998 privind aprobarea Ordonanţei Guvernului nr. 2/1998 pentru modificarea Ordonanţei Guvernului nr. 3/1992 privind taxa pe valoarea adăugată

Read the untranslated law here: https://www.global-regulation.com/law/romania/3071363/-lege-nr.-195-din-27-octombrie-1998-privind-aprobarea-ordonanei-guvernului-nr.-2-1998-pentru-modificarea-ordonanei-guvernului-nr.-3-1992-privind-taxa-.html

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Law No. 195 of 27 October 1998 on the approval of the Government Ordinance. 2/1998 on the amendment of the Government Ordinance. 3/1992 on value added tax, published in PARLIAMENT ISSUING the OFFICIAL GAZETTE nr. 413 of 30 October 1998, the Romanian Parliament adopts this law.


The sole article approving Ordinance No. 2 of 20 January 1998 on the amendment of the Government Ordinance. 3/1992 relating to value added tax issued pursuant to art. and (b). the Act No.) 221/1997 on empowering the Government to issue decrees and published in the Official Gazette of Romania, part I, no. 31 of January 28, 1998, with the following amendments and supplements: 1. In article I, section 1, article 6 (A) (c)) shall read as follows: "(c)) free-licensed professionals, irrespective of the manner of exercise of the profession, as well as individuals and family associations authorized to conduct economic activities on the basis of free enterprise;"
2. In article I, section 4, point B article 17, g) and (h)) shall read as follows: "g) medicinal products for human and veterinary pharmaceutical and para-pharmaceutical substances, medicinal herbs, operations relating to supplies or leasing with technical equipment, other medical supplies intended solely for use in human medicine, dentistry, veterinary medicine and pharmacy for human and veterinary use;

h) prostheses of any kind, accessories, as well as orthopedic products; "
  

3. In article I, section 4, point B article 17, paragraph 2 shall read as follows: "the list of imported products referred to in paragraph 1. 1, tariff, subject to a quota of 11% is determined by order of the Minister of finance. "
4. In article I, paragraph 4 shall be inserted after point 4 ^ 1 with the following content: "4 ^ 1. -Article 23 shall read as follows: Art. 23.-repayment of the difference in charge, provided for in art. 21 lit. b) shall, upon request, on the basis of documentation established by the Ministry of finance and the checks carried out by the territorial tax bodies within thirty days.
In case if the difference in tax law for the period of delay, the Finance Ministry will pay the penalty under the same conditions and at the same rate as those payable by operators for non-payment of value added tax. "
5. In article I, section 5, paragraph D of article 25 (b)) the last paragraph shall read as follows: "raw List nominated by law, suspend the payment of value added tax, customs, may be amended by decision of the Government on a yearly basis, on a proposal from the Ministry of finance."
This law was adopted by the Chamber of deputies at its meeting on 28 September 1998, in compliance with the provisions of art. 74 para. (2) of the Constitution of Romania.
p. CHAMBER of DEPUTIES PRESIDENT, ANDREW JOHN CHILIMAN this law was adopted by the Senate at its meeting on 29 September 1998, in compliance with the provisions of art. 74 para. (2) of the Constitution of Romania.
SENATE PRESIDENT PETRE ROMAN — — — — — — — — — — — — — — — —