Business news from Ukraine

RATE OF IMPORT OF CARS FROM EUROPE IN EARLY JUNE BEGAN TO DECLINE TO 2.6 THOUSAND CARS / DAY

7 June , 2022  

Ukrainians have reduced the rate of importing cars from Europe on preferential terms: on average, 2.65 thousand cars entered per day in early June compared to 4-5 thousand in May on a weekday, said the deputy head of the Verkhovna Rada Committee on Finance , tax and customs policy Yaroslav Zheleznyak.
“As of June 6, 140,310 cars were imported from us. The total amount of the tax rebate was provided for UAH 15.4 billion,” he said on the Telegram channel on Monday.
According to him, the largest number of such cars drove through the Volyn customs – almost 36 thousand, followed by Lviv customs, through which over 27 thousand cars drove in and Rivne customs – almost 14 thousand cars.
He added that, excluding benefits for cars, the budget received less revenue from duties and VAT on imports of UAH 9.17 billion.
As reported, from April 6, the Verkhovna Rada exempted the import of goods to Ukraine from import duties and VAT for single tax payers of the first and third groups, paying tax at a rate of 2% of turnover, and also established a simplified form of customs clearance. The deputies also completely exempted the import of vehicles by citizens, as well as subjects of the simplified system, from taxation.
At the same time, at the end of May, the Cabinet of Ministers registered in the Verkhovna Rada draft law No. 7418 on the return of all customs duties and VAT on imported goods, including cars. In particular, it is proposed to cancel the customs-free import of cars from July 1.
According to the State Border Service, over the past two weeks, about 18.6 thousand cars cross the western border of Ukraine in both directions every day.

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