Budget standing committee backs tax exemption on wheat import

Politics
en_amarsaikhan@montsame.mn
2015-12-24 17:47:49

Ulaanbaatar /MONTSAME/ Standing committee on budget at its meeting Thursday backed the draft law on customs and value-added tax exemption for wheat seeds. The draft was submitted a day earlier by Minister of Food and Agriculture R.Burmaa with a request for immediate reading.

On a national level, fallow has been prepared on 335.7 thousand hectares, which requires 48 thousand tons of wheat seeds for the next year’s crop planting. State reserves have 28 thousand tons, as a consequence of extremely dry summer. To meet the shortage of 20 tons, the Ministry of Food and Agriculture considered it is suitable to free wheat seeds import fron the taxes.  

 

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