- The list of equipment exempt from VAT on import has been expanded.
- Technological equipment that is not produced in Russia is exempt from VAT on import.
- The list now includes a set of equipment for towing an unmanned underwater plow for trenching and laying underwater telecommunications and power cables in the seabed, model CPS-2.
- The resolution came into effect on November 23, 2023.
Source: garant.ru
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Russia"
- Russian Finance Ministry Suggests VAT on Online Platform Purchases
- Russia’s VAT Hike to Fund Defense Spending Expected to Increase Inflation by 1% Next Year
- Russia’s SPOT System Boosts VAT Revenue Growth in Federal Budget for Second Year
- Russian Finance Ministry Proposes VAT on Foreign Marketplace Purchases Starting 2027
- Russian Finance Ministry Proposes VAT on Foreign Goods from Marketplaces, Gradual Rate Increase Planned
