Ulaanbaatar
Bill submitted to exempt imported energy from duty
Economy
The Bill reads that energy being imported by ‘Western energy system’ state-owned company from Russia and China will be exempted from customs duty and VAT.
‘Western energy system’ state-owned company distributes energy to Khovd, Uvs and Bayan-Ulgii aimags and some soums of Gobi-Altai aimag. Currently, 72 percent of the company’s total energy distribution is provided with imported energy whilst 28 percent is supplied by Durgun Hydropower Plant.
M. Unurzul
