The government of Belarus has limited the level of allowances for importers and wholesale allowances for the manufacturer's selling price when purchasing certain material and technical resources, informs government press service.
The relevant resolution enters into force on the day of its official publication and provides for:
1. Expansion of the list of goods subject to price regulation. Limit maximum allowances of the importer and wholesale allowances to the selling prices of manufacturers are established for:
- vehicles, machinery and equipment, spare parts (with the exception of used ones);
– veterinary preparations for farm animals;
- seeds;
- meal (cake) sunflower, soybean, rapeseed.
2. Establishing a profitability ratio to determine the amount of profit to be included in the producers' selling prices for goods.
3. Obligations of importers to justify contract prices for imported goods.
The size of the applicable wholesale markup should not exceed the size of the marginal wholesale markup, regardless of the number of legal entities and individual entrepreneurs participating in the sale of goods.
The resolution will make it possible to exclude the possibility of unreasonable overpricing of these goods purchased by agricultural producers.