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19-10-26
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Supply of agricultural inputs at a reduced VAT

TIRANA, November 2/ATA/ Minister of Finance and Economy Delina Ibrahimaj presented today in the Parliamentary Committee on Economy and Finance the changes in the law on VAT.

According to Minister Ibrahimaj, from the treatment with reduced VAT rate 10% of the supply of agricultural inputs, such as chemical fertilizers, pesticides, seeds and seedlings benefit over 3600 entities per year, while revenues are expected to increase by about 900 million ALL / year.

“Treating the supply of agricultural inputs with a reduced VAT rate will contribute to mitigating informality, strengthening the economy and ensuring the guarantee of agricultural products,” she said./p.s./

 

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