Brazil: Sindilat asks for revocation of tax relief for imported whey protein

In a letter to the Ministry of Agriculture, Sindilat/RS says that the decision to exempt the import of whey protein will generate "severe damage" to the national production chain, with an impact on cheese prices and on the amount paid to milk producers. "The decision will generate reflections on workers in industries and milk producers, in addition to burying the possibility of new investments in this line of products in the country, which represents the highest degree of industrialization and technology applied to the activity", says the document. According to the entity, since 2014, investments in the construction of industrial plants and in the incorporation of imported technology for the production of whey protein have been more than R$ 1 billion in Rio Grande do Sul alone. The proposed granting of presumptive credit is for the national purchase of fluid whey produced in Brazil for direct use in the production of whey protein or lactose. The process of industrialization of the ...