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Supermarkets want to abolish fixed surcharge on bread

published on 5/9/24 6:38 PM

Photo: BGNES

The Association for Modern Trade, which unites the majority of supermarkets, has called on President Rumen Radev to veto the new regulation on the surcharge on bread.

In April, the parliament extended the 0% VAT on bread and flour until 31 December 2024. Zero VAT on bread and flour was due to expire on June 30 this year.

The legislature also capped the surcharge on bread prices at 15% for the main types of bread - "white bread", "Dobrudzha" and "Tipov". The cap will be in force until 31 December 2024.

According to the businessmen, "restricting free pricing will inevitably lead to distortion of competition in the supply of bread, from which the final consumer will suffer".

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Radio Bulgaria News 0 vat association for modern trade bread markup parliament rumen radev supermarkets surchrge

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