RESOLUTION OF COUNCIL OF MINISTERS OF THE REPUBLIC OF BELARUS

of June 11, 2002 No. 761

ABOUT THE TAX AMOUNTS ON VALUE ADDED PAID BY KERAMIN OPEN JOINT STOCK COMPANY WHEN IMPORTING FIXED ASSETS TO CUSTOMS AREA OF THE REPUBLIC OF BELARUS IN 2002-2003 WHICH ARE DEDUCTIBLE

According to Item 3-2 of article 16 of the Law of the Republic of Belarus "About the value added tax" the Council of Ministers of the Republic of Belarus decides:

Determine that the tax amounts on value added paid by Keramin open joint stock company from April 1, 2002 to December 31, 2003 when importing to customs area of the Republic of Belarus of fixed assets according to appendix are deductible since April 1, 2002 in each accounting tax period in full, but no more total amount of tax estimated in this tax period on the goods (works, services) realized by this open joint stock company.

Appendix

to the resolution of Council of Ministers of the Republic of Belarus of June 11, 2002 No. 761

The list of the fixed assets which are subject to import in 2002-2003 by Keramin open joint stock company on customs area of the Republic of Belarus

----------------------:---------------------:-----------------------
Дата и номер контракта:   Фирма-поставщик   :     Оборудование
----------------------:---------------------:-----------------------

16.04.2002  115355/LS  Finagen S.p.A.        линия по производству
                                             облицовочной плитки

04.10.2001 CPBY01096   Sacmi Imola           две роликовые печи и
                       S.C.A.R.L.            сушилка

14.03.2002 CPBY01703   Sacmi Imola           башенно-распылительная
                       S.C.A.R.L.            сушилка

17.12.2001 CSBY01237   Sacmi Imola           глазуровочный робот
                       S.C.A.R.L.

25.03.2002 CSBY01252   Sacmi Imola           литейные машины Ave и
                       S.C.A.R.L.            ALS

06.05.2002 CSBY

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