Hungary VAT code classification
Here is a general list of VAT codes with their descriptions for Hungary.
Code | Description |
---|---|
AAM | Personal tax exemption |
TAM | “tax-exempt activity” or tax-exempt due to being in public interest or special in nature |
KBAET | intra-Community exempt supply, without new means of transport |
KBAUK | tax-exempt, intra-Community sales of new means of transport |
EAM | tax-exempt, extra-Community sales of goods (export of goods to a non-EU country) |
NAM | tax-exempt on other grounds related to international transactions |
ATK | Outside the scope of VAT |
EUFAD37 | Based on section 37 of the VAT Act, a reverse charge transaction carried out in another Member State |
EUFADE | Reverse charge transaction carried out in another Member State, not subject to Section 37 of the VAT Act |
EUE | Non-reverse charge transaction performed in another Member State |
HO | Transaction in a third country |
REFUNDABLE_VAT | VAT was charged under Section 11 or 14, and VAT must be refunded by the recipient of the invoice |
NONREFUNDABLE_VAT | VAT was charged under Section 11 or 14, and VAT does not need to be refunded by the recipient of the invoice |
UNKNOWN | it can be used for modifying and cancelling invoices referencing a pre-3.0 invoice or without any background, if the value cannot be established. |
Updated about 24 hours ago