Kyrgyzstan again wants to introduce VAT on imports of grain and flour
According to the initiator of the amendments Kenzhebek Bokoev, changes to the law «On the Implementation of the Tax Code of the
It should be noted that earlier the tax was canceled. According to the deputy, if to leave everything as it is, the annual tax revenues to the republican budget from flour processors will decrease by 1 billion soms per year. Farmers will have to reorient themselves to agriculture, especially in the Chui region, from sowing wheat to other types of crops, which requires the cost of purchasing seeds from other crops. This will lead to a rise in the cost of feed, and consequently, to the non-competitiveness of milk and dairy products, meat and eggs of domestic production.
