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Russian Exporters May Apply for Zero-Rated VAT if They Use Overseas Stocks - Vimarsana News

Russian Exporters May Apply for Zero-Rated VAT if They Use Overseas Stocks

Russian entrepreneurs selling in retail using overseas stocks, in particular online trading, will get an opportunity to apply for zero-rated VAT. The State Duma adopted the corresponding law on April 19.

National Treasury nixes VAT removal for poultry ahead of budget - Vimarsana News

National Treasury nixes VAT removal for poultry ahead of budget

The Treasury contends there is no guarantee suppliers would pass the benefit on to consumers through lower prices.