Modint

MODINT welcomes the Commissions initiative to better align VAT rules with the circular economy. For the textile and clothing sector. Second-hand products: Simplifying and harmonising the current margin scheme would help, but we expect the impact to be limited. To make second-hand products more competitive compared with new products, a stronger incentive is needed. MODINT therefore supports a 0% VAT rate for second-hand products. Alternatively, a substantially reduced VAT rate should be considered. This would strengthen the business case for reuse. Unsold products: MODINT supports removing the right to deduct input VAT when usable unsold products are deliberately destroyed. Allowing this…

Onze organisatie richt zich op alle beleidsontwikkeling en wetgevingsvoorstellen of relevant voor de textielsector, met name betreffende productie en product regelgeving, douanebepalingen, duurzaamheid en circulaire economie, chemicaliën (REACH).