A law on value added tax currently applies the reverse charge on following domestic taxable supplies: delivery of gold, delivery of goods listed in Annex no. 5 of the VAT act (i.e. various types of waste), transfer of emission allowances for greenhouse gas emissions and a provision of construction or installation works.Newly from 1st of April 2015 there will be the reverse charge procedure extended by the following selected goods: for instance cereals, industrial crops, metals (including precious metals), mobile phones, integrated circuits (such as microprocessors and central processing units), notebooks, tablets or video games consoles. The reverse charge procedure applies for above mentioned taxable supplies (i.e. delivery of selected goods), if the total amount of the tax base of all supplied selected goods exceeds the value of CZK 100 000. This procedure applies to supplies carried out between taxpayers with the domestic delivery place whereas the obligation to declare and pay tax has the recipient of the supply.
The obligation of taxpayers performing or receiving supplies within this procedure to submit (electronically) extract from the register for value added tax in the deadline for filing tax returns persists.
