The Government of the Russian Federation extended the list of technological equipment items which importation into the territory of Russia is exempt of VAT.
Among the newly exempted items are:
* pyrolysis package equipment,
* methanol production unit,
* linear low/high density polyethylene production equipment of high capacity,
* three-D ceramic multi-layer package production line etc.
The Russian Tax Code makes provision for VAT exemption for the importation of technological equipment which analogues are not manufactured in Russia. The list of such equipment items is subject to the approval by the Russian Government. Normally, the importation of goods into the territory of Russia is subject to VAT.