Companies licensed to carry out duty-free activities will no longer enjoy fiscal and customs facilities, under a proposed legislative amendment approved by the Government on Friday.
As revealed earlier by prime minister Maia Sandu, and subsequently confirmed by the Security and Intelligence Service, about three-quarters of the goods marketed in these outlets were being imported illegally. Moreover, duty-free goods would be distributed to be marketed in other, non-duty-free shops across the country or exported to other countries.
The Ministry of Finance estimated the loss of state budget revenue due to duty-free outlets to be about 140 million lei.
If the proposal is signed into law, the cancellation will become effective on September 1.
