Supplier TVA percentage?
I have just received an invoice from my bait supplier and have a small problem. My business is the sale fishing bait (pellets) and have NAF code 47.99 with the description vente material de peche, generally these products are used for recreational use. Some of these pellets are under the default TVA of 19.6% as they are aimed at the recreational market, however a large amount of what I sell is manufactured for fish farming (very high quality) and is given a default agricultural TVA of 5.5%. I explained to them that I would be retailing this pellet and would like to pay the 19.6% TVA as I’d rather pay the extra and know its OK for the Tax Man (they were fine with this).
The invoice I have received has charged me 5.5% TVA and I’m sure it will be easy to get changed, however I thought I would check first here to make sure I do actually need to pay the extra TVA, as it would be very nice not to.