The Ministry of Agriculture of the Kyrgyz Republic has announced that the Cabinet of Ministers has decided to extend the zero VAT rate on feed for fish farms. The corresponding amendments to the resolution regarding food security measures have already been adopted.
According to the new rules, the preferential regime will be in effect until December 31, 2027. The zero VAT rate applies to specialized feed for agricultural fish, classified under the codes of the Commodity Nomenclature for Foreign Economic Activity (TN VED) 2309 90 1000, 2309 90 3100, and 2309 90 9609. However, it is important to note that the tax benefit will only apply if the feed is supplied directly from the producer to the fish farming enterprises.
The government expects that this support measure will allow domestic producers to significantly reduce the costs of maintaining fish farms. This, in turn, should contribute to an increase in the production volumes of local fish and help stabilize market prices for the products.
It is also worth noting that item 2 of the list of goods with a zero VAT rate has lost its validity. The changes will take effect seven days after the official publication of the document.
