The Irish Revenue Commissioners March 28 issued Revenue eBrief No. 101/24, on the VAT treatment of deposits under the Deposit Return Scheme (DRS), effective Feb. 1. The guidance includes: 1) the scope of the DRS for deposits on specific single-use drink containers, refundable upon return for recycling or reuse; 2) VAT liability when a deposit is charged on a drink product that is within the scope of the DRS, and the empty container isn’t returned to the DRS for recycling or reuse; 3) the absence of VAT liability on deposits within the supply chain for businesses or consumers involved in ...
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