Purchase of metal scrap
Ekoterra buy from companies and residents all kinds of ferrous and non-ferrous scrap metal in different quantities and sizes, unused metal devices or their components, metal constructions.
All current rates of purchasing ferrous and non-ferrous metal scrapcan be found on our websites www.metalukainos.lt (prices at Kuprioniškių and Valčiūnai purchasing places) and www.lauzosupirkimas.lt (prices at Kirtimu str. 61, Vilnius purchasing place).
For Residents
Government of the Republic of Lithuania on the 12th of December 2013 adopted Law No. XII-663, replacing the personal income tax (PIT), changing the rates of personal income tax from the sale of non-ferrous and ferrous scrap.
It is established that 5 percent rate applies to income derived from the sale or other transfer of ownership of metal scrap. Also ability to apply for refund the PIT, by filling the annual income declaration, is repealed.
Amendment applies to the calculation and declaration of the 2014 and subsequent tax revenue periods.
http://www3.lrs.lt/pls/inter3/dokpaieska.showdoc_l?p_id=462516&p_tr2=2
Companies
Legal persons selling scrap metal have to write an invoice to the purchaser indicating the VAT. According to the VAT Act Art. 96 part 1 purchaser is obliged to charge and pay the VAT amount to LR's budget, so the seller's invoice is settled without VAT (www.metalukainos.lt prices are shown excluding VAT).