- VAT at a zero rate applies to the sale of agricultural products grown by agricultural producers, except cotton and grain, if those products are on the approved list by the Ministry of Agriculture and the Tax Committee.
- Agricultural commodity producers are legal entities that both produce and initially process agricultural products.
- To qualify, at least 80% of their total income in the tax period must come from selling their own agricultural products or products made from their own raw materials.
- They must also own land plots needed for agricultural production.
Source: facebook.com
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.
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