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The industry is demanding a reduction in VAT on frozen food to 6% and says it could save ME 70.

The refrigeration industry and merchants are demanding a reduction in VAT on frozen and processed foods to a reduced rate of 6%, which could save families 70 million euros annually.

“ALIF – The Association of the Cold Food and Food Trade Industry and ANCIPA, the National Association of Food Traders and Businesses, are demanding a reduction and standardization of VAT rates on processed and frozen foods at 23% and 13% for a reduced rate of 6%,” the joint statement says. note of two associations to which Lusa had access.

Referring to the Deloitte study, ALIF and ANCIPA indicated that this reduction, applied to prepared meals (frozen and chilled), prepared meal ingredients (frozen and chilled), and chilled pastas, including frozen bread, could result in annual savings of $70 million. US dollars. Euro.

Author: Lusa
Source: CM Jornal

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