Notice regarding the demand for a VAT guarantee at customs;
▪️Controversial currency section has been removed.
🔹In a circular, the customs chief announced how to implement the cabinet's decision regarding accepting bank guarantees instead of cash payments for VAT on imported goods.
🔹The circular emphasizes that only the first part of the cabinet's decision should be implemented, and its validity is limited to two months.
🔹Although the original government decision emphasized the acceptance of bank guarantees instead of cash payments for VAT, a subsequent section proposed to change the calculation of the customs rate to use the dollar rate announced by the Central Bank - a provision that later sparked widespread controversy. 🔹Following the media coverage of the potential consequences of this change and discussions at the government level, the president's orders led to the suspension of the part related to changing the calculation of the customs rate from the government regulations.