The Chamber of Agriculture would reduce the VAT rate for cereals to 5 percent

The Chamber of Agriculture (NAK) suggests to reduce the VAT rate for cereals to 5 percent if the European Union does not allow reverse VAT payment after 2018.

With this measure (VAT reduction to 5 percent) the re-strengthening of the illegal economy could be prevented – Győrffy Balázs, president of the Chamber of Agriculture (NAK) told M1 news channel on Monday. (MTI)