The sale of medical supplies aimed to combat the COVID-19 pandemic is subject to a reduced 10% VAT rate, even in the absence of the marketing authorization of the pharmaceutical product.
The list of medical products subject to a 10% VAT rate is approved by Government Decree no. 688 of 15 September 2008.
Source IBFD
Latest Posts in "Russia"
- Development of Judicial Practice on VAT Deductions for Modular Buildings for Temporary Worker Accommodation
- Kremlin Silent on Reports of Potential VAT Increase in Russia’s 2026 Budget
- Russia Plans VAT Increase to Address Budget Deficit Amid War Spending
- Kremlin Considers Raising VAT to 22% to Address Budget Deficit, Sources Say
- When Organizations on Simplified Tax System Can Issue Invoices with Standard VAT Rate