VAT treatment of used car sales

If used cars are sold on the domestic market, exported to other Member States of the European Union, or exported outside the European Union, and the income generated from such sales exceeds EUR 45,000 in the last 12 months, or more than EUR 14,000 worth of goods were purchased in the last calendar year from Member States of the European Union, then the obligation to register as a taxpayer for VAT purposes arises. Persons registered as taxpayers for VAT purposes may choose the following VAT treatments:

• either charge VAT on the total taxed value of the used car supplied; or
• charge VAT on the margin. 

For more detailed information, please see here (only in Lithuanian).