Government of Moldova Keeps VAT for Meat at 8%
OREANDA-NEWS. March 16, 2012. Besides, Cabinet ministers introduced a zero rate of the customs duty on the imported forage mixes which are not produced in Moldova and are important additives to feed poultry. Earlier their import was taxed at 10%.
Alongside, to create equal conditions of taxation for all growers the government expanded the execution of the norm in Article 97, point 4 of the Fiscal Code. It means that all primary agricultural products produced and distributed on the territory of Moldova at prices below cost are exempted from VAT. All these measures were approved by the government to support growers and stimulate agricultural sector, the key and the high - risky weather - dependent branch of Moldova, Veaceslav Negruta said.
Due to the ambiguous interpretation of amendments to the Fiscal Code, the State Fiscal Service started imposing 20% VAT on meat and meat products instead of 8% as it was before. The decision was made as the point at issue in the Fiscal Law was interpreted by the specialized parliamentary commission on economy, budget and finance and the respective letter was received, Nicolae Platon, head of the Fiscal Service, explained.
The Premier expressed discontent with this fact and stated that interpreting law is the question of the parliament as a whole, but not of the individual parliamentary commission. The letter of the commission was not a reason for the head of the Fiscal Service to endorse the order to increase VAT on meat to 20%. To exclude the ambiguity from the Fiscal Code respective amendments would be adopted as soon as possible, the Premier said.
Комментарии