diff --git a/docs/pim/create_product_types.md b/docs/pim/create_product_types.md
index 0033dcce..d7a18e4f 100644
--- a/docs/pim/create_product_types.md
+++ b/docs/pim/create_product_types.md
@@ -22,11 +22,6 @@ Product code can have up to 64 characters. It can contain only letters, numbers,
 4\. Add Fields that describe the product by dragging them from the **Field types** 
 area to the **Field definitions** section, and then [configure them](../content_management/configure_ct_field_settings.md).
 
-!!! note "VAT rates"
-
-    When you create a new product type, you must define VAT rates that apply to all products of this type.
-    In the **Field definitions** section, expand **Product Specification** and select categories for all applicable regions.
-
 5\. Add attributes by dragging them or their groups from the **Library** area to the **Attributes** section.
 
 When you define attributes for the product type, you can add or remove either whole attribute groups or individual attributes. 
@@ -38,3 +33,12 @@ Do this by clicking the **X** icon next to the group or attribute.
 
 For every attribute, you can select **Used for product variants**.
 Attributes that have this option are used to [automatically generate product variants](work_with_product_variants.md#generate-variants).
+
+6\. Below the **Attributes** section, in the **VAT rates** area, assign VAT rates that apply to all products of this type.
+
+![Assigning VAT rates](vat_rates_product_type.png "Assigning VAT rates")
+
+!!! tip
+
+    When your website supports a large number of regions, the search field helps you find the right region.
+
diff --git a/docs/pim/img/vat_rates_product_details.png b/docs/pim/img/vat_rates_product_details.png
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diff --git a/docs/pim/img/vat_rates_product_type.png b/docs/pim/img/vat_rates_product_type.png
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diff --git a/docs/pim/products.md b/docs/pim/products.md
index 64718c5f..43a9080a 100644
--- a/docs/pim/products.md
+++ b/docs/pim/products.md
@@ -15,7 +15,7 @@ To create a product you must first decide which product type it belongs to.
 
 ## Product types
 
-Product types are templates that contain a combination of [Fields](../content_management/content_model.md#fields-and-field-types) and [attributes](#attributes) that constitute a product definition.
+Product types are templates that contain a combination of [Fields](../content_management/content_model.md#fields-and-field-types) and [attributes](#attributes) which constitute a product definition.
 By default, each product type contains such Fields as name, specification, image or category, but you can change it as required.
 You need different product types, because products of type "Laptops" contain different Fields and attributes than those of type "White appliances".
 
@@ -27,7 +27,11 @@ Examples: heaters, laptops, phones.
 - Virtual - non-tangible items. They can be sold individually, or as part of a product bundle.
 They don't require shipment in the online process. Examples: memberships, services, warranties. 
 
-A product type also defines the attributes that all products of this type can have.
+A product type also defines the attributes that all products of this type can have, as well as VAT rates that apply to all products of this type.
+
+When a product type is created, you can review its fields, attributes, and VAT rate settings on the product type's details screen, without having to open it for editing.
+
+![VAT rates in product type's details view](img/vat_rates_product_details.png "VAT rates in product type's details view")
 
 If your [user Role](../permission_management/work_with_permissions.md) has the `ProductType/Edit` 
 permission, you can [modify product types and add individual attributes or attribute groups](create_product_types.md).