Since November 1, 2019, a new institution - Binding Stake Information - has appeared in the VAT Act. Its construction is reminiscent of those already in operation: Binding Excise Information (WIA) or Binding Tariff Information (WIT), as applicable in customs law.
Taxpayers could apply for a WIS as early as November 1, 2019 and the WIS will only apply to the legal status, which will only apply from April 1, 2020. From that day on, new rules will be applied on how goods and services are to be identified for VAT purposes under the VAT Code:
- Combined Nomenclature (CN),
- Polish Classification of Buildings (PKOB),
- Polish Classification of Goods and Services (PKWiU 2015)
and the provisions concerning the new matrix of rates of this tax.
The aim is for taxpayers to familiarise themselves with the new system and to obtain information relevant to them in advance on the new reality of the taxation of goods and services.
Receipt of a WIS that confirms or shows us which VAT rate is appropriate is particularly important for entities that produce or sell goods or provide services at reduced rates (e.g. for the manufacture or sale of goods or services at reduced rates (e.g. food industry). Earlier receipt of WIS will allow a smooth and secure transition from the old to the new rate matrix, while at the same time ensuring that the rate is applied to the new rate matrix.