The bill proposes to exempt from value added tax the implementation of spectacles for vision correction and lenses for vision correction, regardless of whether they are sunglasses.
MOSCOW, 20 Oct. The state Duma on Tuesday adopted in the first reading a government bill, which exempts from value added tax (VAT) goods used for vision correction.
The amendments to the Tax code of the Russian Federation, the bill has been drafted to clarify the rules on the exemption from VAT of glasses, lenses and frames for spectacles, both domestic and foreign production.
The project is proposed to exempt from VAT the realization of glasses for vision correction and lenses for vision correction, regardless of whether they are sunglasses.