Council of Ministers announced plans to discuss VAT zeroing on spare parts exchange for civil aircraft

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The Council of Ministers announced that it plans to discuss VAT zeroing on the replacement of faulty spare parts for civil aircraft – a meeting will be held on this issue on Friday, March 17. DEA News Regarding the press service of the Government of Russia.

“The bill provides for tax exemption for services to replace defective aircraft engines, civil aircraft components and components, in exchange for similar serviceable aircraft engines, spare parts, components and components intended for their repair and (or) modernization. civil aircraft or the parts that make them up,” the message says.

It was noted that the bill will be discussed within the scope of the amendments to be made in January 2023 in the Tax Law, which reduces the tax burden on service companies in the field of aviation.

Formerly the Ministry of Transport of Russia requested change the position of the identification marks on the aircraft.

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