PRESIDENTIAL DECREE OF THE REPUBLIC OF BELARUS

of April 4, 2006 No. 202

About release from taxation by import customs duties and the value added tax of the goods intended for ensuring scientific, research and innovative activities

For the purpose of creating favorable conditions for development of scientific, research and innovative activities, strengthening of material and technical resources of science I decide:

1. Exempt from taxation by import customs duties (taking into account the international obligations of the Republic of Belarus) and the value added tax the Republic of Belarus imported by residents on the territory of the Republic of Belarus the equipment, devices, materials and components intended for accomplishment in the territory of the Republic of Belarus of research, pilot design and experienced and technological works (further - goods).

2. The basis for release from taxation by import customs duties and the value added tax of goods is the conclusion about purpose of the equipment, devices, materials and components issued according to the procedure, the established Regulations on procedure for issue of the conclusion about purpose of the equipment, devices, materials and components for the purposes of release them from taxation by import customs duties and the value added tax approved by this Decree, and for the purposes of release from taxation by import customs duties - also confirmation about accomplishment of conditions of provision of the tariff privileges established by legal acts of the Customs union within Eurasian economic community.

2-1. In case of use of the goods imported with provision of the privileges determined in Item 1 of this Decree not on purpose the import customs duties and the value added tax levied by customs authorities are paid (are collected) according to the legislation.

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info