Cabinet Decision No. 100 of 2024 amends Article 29 of the VAT Executive Regulations, clarifying the rules for applying the Profit Margin Scheme. It permits taxable persons to calculate VAT on the profit margin for supplies of used goods, antiques, and collectors' items acquired from non-registrants or other persons using the scheme. The Decision defines the profit margin as the difference between the selling and purchase price, inclusive of tax, and now clarifies the purchase price includes associated costs. It also mandates specific record-keeping and invoicing requirements, explicitly stating when the scheme cannot be applied.