Romania’s High Court of Cassation and Justice (ICCJ) has ruled that businesses can carry forward negative VAT balances indefinitely, meaning the right to claim these credits does not expire. The decision aims to resolve inconsistencies in how lower courts have interpreted VAT regulations. Previously, questions existed regarding whether a time limit applied to claiming these credits in future VAT returns. This ruling establishes a definitive precedent, preventing the statute of limitations from applying to VAT carryforward claims. While intended to provide clarity and uniformity, the long-term implications of this decision are still being assessed. The ruling impacts businesses with accumulated VAT credits and could potentially lead to increased VAT refund requests. This decision effectively overrides previous interpretations and offers greater financial flexibility for taxpayers.