Kernel-Trade in August 2020 regained leadership in the list of the largest recipients of budgetary value added tax (VAT) refunds with UAH 1.26 billion, while in April, May and June the company topped the list, and in July it was not included in the list.
According to the State Treasury, Zaporizhstal affiliated with Metinvest Group followed Kernel-Trade with UAH 428 million in August compared to UAH 482 million in July, and Mariupol-based Illich Iron and Steel Works with UAH 385 million (UAH 515 million in July).
The top five companies from the list include also ArcelorMittal Kryvyi Rih, which in August received UAH 355 million of VAT refunds (in July it topped the list with UAH 573.7 million) and Dniprovsky Steel Plant with UAH 296 million (UAH 312 million).
The second five largest recipients of budgetary VAT refunds include Glencore Agriculture Ukraine with UAH 253 million (UAH 150 million) and Azovstal with UAH 189 million (UAH 482.8 million).
The top ten recipients also included Nibulon with UAH 182 million, Vilna Ukraina with UAH 180 million (there were no data on reimbursement from both companies in July), as well as Interpipe Nyzhniodniprovsky Pipe Rolling Plant with UAH 161 million (UAH 57 million).
In general, budgetary VAT refunds in August 2020 fell to UAH 8.57 billion compared to UAH 9.13 billion in July this year.
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