Russia: Zeroing VAT on the sale of domestic seeds will allow agricultural enterprises to allocate funds for development, according to the head of the Kuban

Zeroing the VAT rate for the sale of all seeds of domestic selection will support the agro-industrial complex of the Krasnodar Territory, said the governor of the region, Veniamin Kondratyev. "For the Krasnodar Territory, as a leading agricultural region, this decision (zeroing the VAT rate - IF) will be of fundamental importance. High yields are important to us, in the conditions of sanctions they are possible only if there is a developed seed production. A zero VAT rate on the sale of seeds of domestic selection will support agro-industrial complex of the region. It will allow enterprises to direct the released funds to the development of their industries," the head of the region commented to journalists on the corresponding proposal of Dmitry Patrushev, head of the Ministry of Agriculture of the Russian Federation. Kondratiev noted that the Kuban completely covers its own need for seeds of winter and spring wheat, rice. This is the result of the joint work of the region, ...