VATupdate

Share this post on

Amendments to VAT and NDPI in the Tax Code of the Russian Federation, effective February 27, 2024.

  • Amendments to the Tax Code regarding VAT and excise tax were made
  • Exemption from VAT for services provided by a carbon unit registry operator is introduced
  • The amendment will come into effect on April 1, 2024
  • Exclusion of certain gas volumes from the increased excise tax calculation
  • The exclusion applies to gas used for LNG production, heat and electricity production, and royalties for certain agreements

Source: garant.ru

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

Sponsors:

VAT news

Advertisements: