Mistral warship deliveries exempted from VAT

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The Federation Council, Russia’s upper house of parliament, approved a law on Wednesday exempting the deliveries of France’s Mistral-class helicopter carriers to Russia from VAT payments.
The law on VAT exemption, which will be in effect until June 30, 2016, was adopted to prevent an increase in the cost of the contract on Mistral ship deliveries signed between France and Russia.
Russian Deputy Finance Minister Sergei Shatalov said earlier that “the contract with France would be completed” by June 30, 2016 and the Mistral helicopter carriers would be delivered to Russia.

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Mistral warship deliveries exempted from VAT

engineeringrussia

1

The Federation Council, Russia’s upper house of parliament, approved a law on Wednesday exempting the deliveries of France’s Mistral-class helicopter carriers to Russia from VAT payments.
The law on VAT exemption, which will be in effect until June 30, 2016, was adopted to prevent an increase in the cost of the contract on Mistral ship deliveries signed between France and Russia.
Russian Deputy Finance Minister Sergei Shatalov said earlier that “the contract with France would be completed” by June 30, 2016 and the Mistral helicopter carriers would be delivered to Russia.

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Soyuz-ST launched from French Guiana

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The Russian Soyuz-ST carrier rocket with four European 03b communication satellites has been launched from the Kourou space site in French Guiana, a Roscosmos representative told RIA Novosti. The blast off took place at 10:55 p.m. Moscow time. Separation of the space vehicles are be done in twos: the first two satellites at 2:00 a.m. Moscow time and the next two at 2:22 a.m. Moscow time.
The Russian Soyuz-ST carrier rocket is based on the Soyuz-2 rocket. It is meant for providing commercial launches of space vehicles from the Kourou space site in French Guiana.
The Soyuz-ST carrier rocket is equipped with an ST type nose cone which together with a Frigate-MT booster allows to provide putting into orbit a wide range of useful loads.

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