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Foodstuffs are not subject to value added tax

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12.01.2016 15:26
Foodstuffs are not subject to value added tax
Before the approval of the list of goods that are not subject to the value added tax, the whole group of food products are not subject to VAT.

Sukhum. January 12. Apsnypress. Irena Dzhopua. The chairman of the Parliamentary Committee on Budget, credit institutions, Taxes and Finance George Agrba at the extended session of the Committee devoted to discussion of mechanisms for implementation of the Law "On Value Added Tax", which entered into force on 1 January 2016. "We have a Resolution of the Parliament. Before the approval of the list of non-taxable goods, the whole group of food products are not subject to VAT", - said Agrba.

For his part, deputy Almas Dzhapua noted that the situation around the law is "inflated ":" The statement there has not been VAT before is unfounded. VAT existed, but were taken breaks, due to the difficulties in the difficult postwar years. Now the situation has leveled off only. Another question is how the law works and how its implementation can affect the population? "At the same time, he stressed that more than 10% of the price on any goods can not rise. "Anything beyond that may occur due to the speculation", - said the deputy.

The meeting also raised the question of customs duties on the import of Russian goods, which should not be charged in accordance with the Agreement with the Russian Federation of duty-free trade. Chairman of the Customs Committee Daur Kobakhia explained that the release of goods from customs duties need to provide a certificate of CT-1 of the Chamber of Commerce of the Russian Federation. "In accordance with the Agreement on trade regime, only in the provision of such a certificate goods free of customs duty on import. This applies to goods from Abkhazia. CCI of Abkhazia shall issue such certificate", - said Kobakhia.

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