Poultry Product Council: VAT reduction is crucial for the sector

According to the Poultry Products Council (BTT), VAT reduction is crucial in the poultry sector, because it would repress the black economy, it would reduce imports, while the competitiveness of the domestic production would improve, if the government would reduce the VAT rate of basic foodstuffs such as poultry meat and eggs from the current 27 percent to to 5 percent.

According to the communication of the organization, sent to MTI of Monday, the market rules based on competition would provide a guarantee that thesignificant reduction of VAT would affect consumer prices as well. (MTI)