The Federal Antimonopoly Service (FAS) has reminded retailers of the inadmissibility of economically unjustified price increases for food and non-food products in connection with the change in VAT. Corresponding letters were sent by the agency to federal retail chains and major industry associations.
The agency clarified that the law on changing the value-added tax (VAT) rate from 20% to 22% will come into force on January 1, 2026, but these changes will not affect food products sold at a preferential rate. The VAT rate for such goods will still be 10%.
The service called on market participants to strictly comply with the requirements of the antitrust legislation. In case of violations, appropriate measures will be taken.