Business news from Ukraine

Business news from Ukraine

AUTOMATED MECHANISM OF CONTROL OVER EXCISABLE GOODS TURNOVER, PROPOSED BY CABINET, WILL COMPLICATE WORK OF PRODUCERS – UKRTIUTIUN

14 June , 2017  

KYIV. June 14 (Interfax-Ukraine) – The Ukrtiutiun Association of Cigarette Manufacturers considers the automated system of control over turnover of excisable goods proposed by the government to be imperfect and complicating the work of legal producers.
According to an association press release, the draft law provides for an onerous mechanism for providing excise bills by business entities at each of the supply chains with filling in 15 points manually.
Manufacturers of cigarettes also consider the term of introduction of the automated system from April 1, 2018 to be unreasonably optimistic.
At the same time, the association noted the system proposed by the government will not create additional obstacles for illegal trafficking in excisable goods in comparison with the existing mechanisms.
“The wording of the bill approved by the government is a “pig in a poke” for manufacturers of excisable goods, since the functioning of the system will be determined by Cabinet acts, which does not allow understanding the mechanism of its work. It is logical to assume that all the provisions of the first draft of the bill, which were not perceived by the business community and were excluded, will appear in by-laws,” association CEO Valentyna Khomenko said.