The State Duma adopted a law reducing VAT to 10% on a number of children’s products
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The State Duma adopted a law on the sale of a number of children’s goods at a reduced rate of 10% VAT, should from the Duma electronic database.
Among such goods: children’s furniture, children’s car seats and bicycles, bathtubs and slides for bathing newborns, pacifiers, diapers, nappies, etc. State Duma Speaker Vyacheslav Volodin noted that this measure is aimed “to support domestic manufacturers, import substitution in the market of goods for children” . “The State Duma will continue this work in the autumn session,” he added, his words brought parliamentary press service.
On October 4, a group of deputies led by Deputy Speaker of the State Duma Alexei Gordeev contributed a bill has been submitted to the State Duma to establish a reduced VAT tax rate of 10% for the sale of agricultural seeds.
The authors of the initiative explained that this is necessary to maintain the pace of development of domestic breeding, as well as to increase the level of import independence for seeds.
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