VAT rate changes for repairs of vehicles, foodstuffs, medicies, medical devices, etc

• The VAT rate of 0% is set for an indefinite period during the implementation of works (services) on repair, maintenance of vehicles registered in foreign countries, performed in the territory of Belarus by authorized organizations and service centers;
• Certain foodstuffs and goods for children imported and sold in Belarus are subject to VAT at a rate of 20% upon import instead of the previously applied rate of 10%;
• A VAT rate of 10% is established for the import of medicines and medical devices (including prosthetic and orthopedic products) into Belarus for sale, subject to registration requirements for the products in relevant state registers (including registration in the Eurasian Economic Union (EAEU) under EAEU rules); and
• Goods (works, services) and property rights gratuitously transferred to budgetary organizations of health care, education, culture, and sports are excluded from VAT.

A transitional period is provided until 1 February 2021 to allow for the necessary revision in prices for the affected foodstuffs, goods for children, and medicines and medical devices. During this period, VAT may be calculated according to the rules in force in 2020.

Source Orbitax

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