16 february 2023
Modification in price regulation
The Government Resolution No. 713 (2) dated 01.02.2023 introduced further amendments to the Resolution No. 713 "On the Price Regulation System".
The main changes:
- New cases of non–application of the price regulation - the sale of a) hot drinks through vending machines, b) non-food products made by orders of individuals for non-business purposes. Modification of the exception - previously, the regulation did not apply to goods used in the production process, now this category has been expanded to: a) goods purchased for own use, production and (or) consumption, except for goods specified in para 7 of the Resolution No. 713 (raw milk, rye, wheat, sugar, etc.), b) in public procurement.
- The list of regulated goods has been supplemented (shaving gel) and clarified, some items have been excluded (beef, pork boneless).
- Prices for remaining goods are no higher than for new arrivals after 26.10.2022.
- New exceptions to the prohibition of the good exchange operations: with the participation of individuals in relation to telephones and cars; payment for oil liquid fuel delivered; according to the list of regional executive committees (Minsk City Executive Committee). The subject of a good exchange operation is a good (including consumer goods), work or service.
- The maximum size of the wholesale discount has increased from 10% to 15%.
- To importers:
- components of the selling prices have been supplemented – the bank's commission for international payments and the cost of goods delivery.
- To subjects of wholesale and trade:
- new expenses included in the price: for the delivery of goods to the subject of trade; from the wholesaler, from the warehouse to the retail facility, the customer;
- non-application of limits of trade markups - if there is a right to sell the goods of a Belarusian manufacturer and their sale in brand stores.
- To manufacturers:
- new cases of increasing (setting) prices without agreement: the cancellation of promotions, discounts, etc., changing their conditions without exceeding the agreed price; recalculation of the agreed and applied on 03.02.2023 the price of new goods in proportion to the change in their weight (volume);
- non-application of limits of trade markups – when selling their non-food products in their own brand stores.