In Kyrgyzstan, imports of certain types of food and livestock are exempted from VAT from July 1

Published 2021년 6월 30일

Tridge summary

Starting July 1, Kyrgyzstan has excluded certain food products, livestock, and poultery imports from the Eurasian Economic Union (EAEU) countries from value added tax (VAT). This move is aimed at stabilizing food prices, and the exemption will be in effect until the end of different time periods for different products, as mentioned in the article.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

From July 1, the Kyrgyz authorities set a zero rate of value added tax on the import of certain types of food products, livestock and poultry from the EAEU countries. This is reported by DairyNews, citing information from the republic's tax service. The department notes that this is being done to stabilize food prices. In particular, for the period from July 1 to August 31, 2021, imports of granulated sugar and vegetable oil from the member states of the Eurasian Economic Union are exempt from VAT. Also, for the period from July 1 to December 31, 2021, imports of cattle, sheep, goats, pigs, horses and poultry are exempt from VAT. According to the official data of the tax service of Kyrgyzstan, for the six months of 2021, sugar was imported into the republic for 330 million soms (281 million rubles), which is 8 million soms (about 7 million rubles), or 2.5% ...

Source: Agrosektor