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The list of food products subject to VAT at a rate of 10% in 2019

10 Jan 2019

• 10 Jan 09:34

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Last summer the President of the Russian Federation signed a law raising the basic VAT rate from 18% to 20%.At the same time the existing VAT benefits in the form of exemption from this tax, as well as a reduced VAT rate of 10%, are applied to social goods (services), some food products. Despite the fact that social food products are sold at a preferential VAT rate, there are a lot of non-tax factors that can increase consumer prices for food. 10% VAT rate is applied according to the current documents when selling the following food products: Livestock and poultry; meat and meat products (with the exception of delicacies: cuttings, veal, tongues, sausages - raw. Read more...