Exempt supplies can be split into two groups: those for which VAT may be deducted on input and those for which there is no such right.Įxempt supplies with the right of VAT deduction in Slovakia include: Goods and services sold are exempt from VAT in certain cases. The reduced 10% VAT rate is charged, for example, on the sale of books, selected foods, selected medical devices, accommodation services, and goods and services within the social economy. Value added tax applies to all final consumption without exception. it is collected and paid into the central government budget by someone other than the person who actually pays it (the final consumer).
Value added tax is a general tax, in that it applies to all goods and services.
