In the poultry sector, there is concern about the 12% VAT levied since last September on the import of breeding birds, materials imported for the production of chicken meat and table eggs in Ecuador, indicated this Monday, March 27. November National Corporation of Poultry Breeders of Ecuador (Conave).
Chicken meat is the most consumed protein in Ecuador and it wants to continue to grow: each person consumes 28 kg per year
Furthermore, he regrets that the National Customs Service (Senae) ignores the statements of the Ministry of Agriculture and Livestock (MAG) and the Internal Revenue Service (SRI) on the application of a zero VAT rate to the import of poultry genetic material. .
The outgoing government makes decisions at the last minute that result in an increase in the price of chicken meat and eggs due to the 12% VAT on breeding. pic.twitter.com/B7kPc04kXs
— CONAVE (@CONAVE_EC) November 27, 2023
The union estimated that this decision has an impact of $3 million per year that will directly affect the consumer. “The outgoing government is making last-minute decisions that result in higher chicken and egg prices,” Conave said.
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“As the National Corporation of Poultry Breeders of Ecuador, we reject Senaa’s insensitivity that directly affects consumers, since the genetic material now taxed by VAT is necessary to produce affordable food for our basic basket. MAG and SRI have already made a statement stating the zero rate,” said Diana Espín, CEO of Conave.
The union hopes that the new government of President Daniel Nobo Azín will urgently review the decision so that this food does not become more expensive.
Source: Eluniverso

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