The Ministry of Economy has developed a bill which extends the deadline for paying VAT on certain imported raw materials to be exclusively used for goods destined for export from 90 days to 6 months. The measure is intended to stimulate investment in the production of goods destined for export. The current legislation allows any producers to postpone VAT payment for up to 90 days, regardless of the destination of the goods. The Ministry's proposal to extend the deadline to 60 months is oriented towards major investors that can increase production destined for export. The bill also introduces a new method of fast-tracking refunds of VAT and customs duties, which indirectly means a tax break, as well as a new method of pledging security which would allow businesses to avoid taking out funds from their financial flow, even briefly. Under the bill, final products must be exported within 6 months from the date of the import of raw materials used for their manufacturing. If this time limit is met, the applicant for the postponement will be exempted from actually transferring VAT to the Budget. However, if the final products are marketed within the country or the time limit is broken, all customs duties will be levied, plus sanctions. The bill lists the products which are not eligible for such postponement. These particularly include food of animal origin like meat and dairy products, potato starch and sugar. Relevant institutions and producers are invited to express their views on the bill.