Kernel-Trade, the agricultural exporter, tops the list of the largest recipients of budget value added tax (VAT) refunds for the third month in a row, having received UAH 1.03 billion in June against UAH 650 million in May and UAH 965 million in April.
According to the State Treasury Service, the second place on the list in June, as in May, was again occupied by ArcelorMittal Kryvyi Rih mining and metallurgical plant with almost UAH 977 million against UAH 501.45 million in April.
The top three recipients of budgetary VAT refunds also included Suntrade with UAH 681.8 million, while in April the company ranked fifth with UAH 359 million, according to the data of the State Treasury.
Mariupol-based Illich Iron and Steel Works affiliated with Metinvest Group improved its performance over the month with UAH 597.44 million against UAH 373 million in May. The top five largest recipients of budgetary VAT refunds also included Myronivsky Hliboproduct (MHP) with UAH 550 million (UAH 70 million in April).
The second five in June includes Poltava GOK with UAH 477.25 million (UAH 236.7 million). It is followed by Zaporizhstal steel plant from Metinvest Group with UAH 451.3 million (UAH 372.75 million), followed by Azovstal, which reduced its figure to UAH 289.4 million from UAH 336.45 million in May.
The top ten largest recipients of VAT reimbursement are closed by Pivdenny (Southern) GOK with UAH 283.2 million and Dniprovsky Iron and Steel Works with UAH 250.74 million.