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Cabinet meeting in brief www.montsame.mn

The Cabinet made the following decisions at its regular meeting on May 12.
-Imported tractors, combines, and other agricultural machinery, irrigation and greenhouse equipment, forestry and poultry farming equipment, fertilizers and plant protection products will be exempted from customs tax until January 1, 2022. The Cabinet approved a list of over 120 types of equipment and substances to be exempted from the tax.
-Imported and domestically sold tractors, combines and other agricultural machinery, irrigation and greenhouse equipment, forestry and poultry farming equipment, fertilizers and plant protection products will be exempted from value added tax until January 1, 2025. The Cabinet approved a list of over 120 types of equipment and substances to be exempted from the tax.
-Minister of Food, Agriculture and Light Industry Z.Mendsaikhan was ordered to look into making additions to the list of goods to be purchased from domestic enterprises that meet the quality and standard requirements and have verification of conformity. Government and local organizations were ordered to actively make purchases under the General Agreement and annually participate in the Patriotic Purchase-Domestic Production exhibition fair. Last year, 51 government and local organizations purchased products worth around MNT 326 billion from domestic producers. The amount equals 98 percent of the total cost of products included on the list.
-The Cabinet also decided to name the border military unit No. 0108 in Zamyn-Uud soum of Dornogobi aimag after Honored Scientific Worker, Academician, Doctor, Professor, Lieutenant General Sh.Arvai and the border military unit No. 0166 in Gurvantes soum of Umnugobi aimag after General M.Batkhuyag.


Published Date:2021-05-12