The new VAT legislation came into force as of January 1, 2011 in Russia introducing substantial changes to the rules of the application of 0% VAT on works (services) related to the export (import) of goods.

The changes eliminate a number of existing ambiguities in the application of 0% VAT which is a positive move not only for transportation companies and forwarders, but also for exporters and importers.

This entry was posted on Tuesday, April 26th, 2011 at 3:59 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.