Saturday , February 22 2020
Home / economy / Increased VAT has complicated delivery of equipment for the army

Increased VAT has complicated delivery of equipment for the army

Возросший НДС осложнил поставки техники для армии

General Director of Uralvagonzavod Alexander Potapov said that the VAT increase to 20% have complicated delivery of equipment for the army and contracts for the largest Russian producer of tanks and wagons. It may lead to losses for the company.

“You must quickly decide on issues related to VAT for the current year, because the contracts we have 18% VAT and the tax takes VAT this year to 20%, – told Alexander Potapov in an interview with RBC. – There is a collision. It needs to be urgently resolved, because this complicates the work on signing contracts with performers and shipment of equipment for our army.”

See also:  Fresh anecdotes about the complicated life of boxers and dentists


According to General Director of the Uralvagonzavod to solve the problem is not his enterprise, and other bodies who have received the relevant instruction. Tank builders only will comply with the decisions taken at the legislative level and would like not to lose in the transition to the new VAT.

See also:  The NBU reported an increase in reserves of Ukraine


© 2019, All rights reserved.

Check Also

High food prices and the decline of oil, the loss of millions of tourism — what are the risks of coronavirus

Recently the leaders of major refineries in China announced the reduction of oil consumption. According …

Leave a Reply

Your email address will not be published. Required fields are marked *