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Is the sale of poultry meat subject to VAT?
Is the sale of poultry meat subject to VAT?
When I bought chicken meat from the market, the cash register check given to me showed zero (0) in front of the VAT amount. As far as I know, the sale of chicken meat was exempt from VAT until January 1, 2024. Has there been a change in the Tax Code in this regard? Is the tax rate correct on the check given to me by the market?
The State Tax Service under the Ministry of Economy told FED.az that according to the changes made in the Tax Code and which came into force on January 1, 2024, the sale of animal and poultry meat will be exempt from VAT for a period of 7 years from January 1, 2020. was released. Thus, the VAT exemption period for the sale of poultry meat has been extended for another 3 years from January 1, 2024.
When I bought chicken meat from the market, the cash register check given to me showed zero (0) in front of the VAT amount. As far as I know, the sale of chicken meat was exempt from VAT until January 1, 2024. Has there been a change in the Tax Code in this regard? Is the tax rate correct on the check given to me by the market?
The State Tax Service under the Ministry of Economy told FED.az that according to the changes made in the Tax Code and which came into force on January 1, 2024, the sale of animal and poultry meat will be exempt from VAT for a period of 7 years from January 1, 2020. was released. Thus, the VAT exemption period for the sale of poultry meat has been extended for another 3 years from January 1, 2024.