PRESIDENTIAL DECREE OF THE REPUBLIC OF BELARUS

of June 8, 2015 No. 232

About implementation of the investment project

For the purpose of implementation of the investment project "Belarus: the ecological infrastructure project - the first stage" in the cities of Brest, Grodno, Vitebsk, Baranovichi, Slonim, the European Bank for Reconstruction and Development financed by the credits and Nordic Investment Bank, I decide:

1. Determine customers by reconstruction of treatment facilities in the cities of Brest, Grodno, Vitebsk and to construction of biogas complexes on treatment facilities of the cities of Baranovichi and Slonim performed within implementation of the investment project "Belarus: the ecological infrastructure project - the first stage" (further - the investment project), respectively the utility production unitary enterprise "Brestvodokanal", city unitary utility production enterprise "Grodnovodokanal", the Vitebsk regional municipal unitary enterprise of water and sewer economy of Vitebskoblvodokanal, the Baranovichi utility unitary production enterprise of water and sewer economy Vodokanal and Slonim Water Utility open joint stock company.

2. Exempt from the value added tax turnovers on realization by prime contractors on reconstruction of treatment facilities in the cities of Brest, Grodno, Vitebsk and to construction of biogas complexes on treatment facilities of the cities of Baranovichi and Slonim of goods (works, services) for the purpose of implementation of the investment project before date of its completion.

The tax amounts on value added paid by prime contractors in case of purchase of goods (works, services) used for the purpose of implementation of the investment project are deductible at prime contractors in full irrespective of the tax amounts on value added estimated from turnovers on sales of goods (works, services).

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