- Cabinet of Ministers has exempted the import of equipment for renewable power plants from VAT
- This decision aims to promote the use of renewable energy sources in the country
- The exemption will apply to equipment such as solar panels, wind turbines, and other renewable energy technologies
- This move is expected to boost investment in the renewable energy sector and help reduce carbon emissions
Source: research.ibfd.org
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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