Packaging is a set of items that is added to products in order to protect, contain, deliver, store, comfortably apply and realize a product – raw material or a complete product – and to introduce it during full cycle of packaging from manufacturer to consumer. Packaging is separated from the product before consumption or in the process of consumption.
Taxpayer who pays NRT for packaging
Taxpayer who pays Natural Resources Tax (NRT) for packaging is a person who is first in territory of Republic of Latvia to:
- Realize products in packaging (including packaging imported with product and added primary, secondary and tertiary packaging);
- Use for economic activities products that are purchased in packaging (including packaging imported with product and added primary, secondary and tertiary packaging);
- Add packaging to a product which then comes to a consumer while offering a service;
- Realize disposable dishes and tableware made from plastic (polymer), paper, cardboard and composite materials (laminated) with polymer and metal components or metal foil in public catering and retail trade in territory of Republic of Latvia.
Exemption from Natural Resources Tax
In1st January of 2007 changes were made that stated that a taxpayer can obtain 100% exemption from Natural Resources Tax for packaging and disposable dishes and tableware if it provides management of packaging and disposable dishes and tableware according to environmental protection laws and regulations. Collaboration with „Zaļā josta” Ltd. not only allows your company to obtain 100% exemption from NRT but also gives the opportunity to care for clean environment of Latvia.