Elimination of VAT from the import of raw sugar

Elimination of VAT from the import of raw sugar

Elimination of tax on imports of raw sugar The Iranian Customs announced in a circular that the import and supply of raw sugar is exempt from VAT. Secretary of the Sugar and Sugar Industry Association

ISNA: Iran’s customs announced in a circular that the import and supply of raw sugar is exempt from VAT. The secretary of the Sugar and Sugar Industries Association also announced this news, saying: with the continuation of the sugar production process and its distribution in the market, this product will be offered from the factory to the consumer market within the reasonable price predicted for it. Bahman Danaei pointed out that according to Article 12 of the VAT Law, certain products and goods, such as sugar, are exempt from VAT for imports. Raw or white sugar) is considered to have been collected from the import of raw sugar from the very first years of the VAT law, and finally this tax was removed from October this year with the protest of importers and producers, citing the same article of the law.