OREANDA-NEWS. September 03, 2014. To enforce No.600 Order of the President of the Russian Federation of 7th May 2012, the Ministry of Industry and Trade supported a proposal of the Federal Antimonopoly Service (FAS Russia) on additions to the List of technological equipment, analogues of which are not produced in the Russian Federation. No.372 Decree of the Government of the Russian Federation of 30th April 2009 states that import of such equipment in the Russian Federation is not subject to VAT.

The added List of VAT-free equipment includes technological lines for manufacturing medium density fiberboards (MDF), wood particle boards as well as oriented strand boards (OSB).

“The purpose of this measure is to facilitate modernization of the wood-working sector”, points out the Head of FAS Department for Control over Industry and Defence Complex, Maxim Ovchinnikov. “Extending the List of unique equipment will increase competitive ability and the quality of domestic products on the market of construction materials”.