Grain Association : the VAT on flour and feeds should be reduced as well

The Grain Association suggests the Minister of National Economy to reduce VAT on flour as a basic food and on feeds.

The Association of Hungarian Grain Processors Manufacturers and Traders (Gabonaszövetség) on Monday sent a letter to Varga Mihály. The letter contains a proposal to reduce the Value Added Tax (VAT) on flour and feed from 27 to 5 percent, in order to reduce the share of shadow economy in the sector. The letter was sent to Fazekas Sándor, Minister of Agriculture as well. (MTI)