Lithuanian VAT compliance changes

Thu 4th Apr 2013

The Lithuanian VAT Law has been updated to include a number of compliance changes.  These include:

  • New guidance notes for the completion of the European Sales Listings (ESL)
  • New rights to offset Lithuanian input VAT by foreign companies selling goods from Lithuania to other European member states
  • Update on the use of invoices and credit notes.

All of the above changes came into effect from January 2013.