# Council Decision of 16 February 1998 authorising the Kingdom of the Netherlands to apply a measure derogating from Articles 2 and 28a(1) of the Sixth Council Directive 77/388/EEC on the harmonisation of the laws of the Member States relating to turnover taxes (98/161/EC), Article 2

Extent: E+W+S+N.I.

By way of derogation from Article 2 of Directive 77/388/EEC, the following shall be exempt from VAT:
the supply of used and waste materials by firms with an annual turnover of less than NGL 2,5 million. For the purposes of that threshold, turnover in non-ferrous metals may be disregarded,
the supply of non-ferrous metals.

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Source: https://www.legislation.gov.uk/eudn/1998/161/article/2 (the official version)
Page: https://openlegislation.uk/eu-decision-1998-161/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.