The list of import goods that will be imported to Ukraine without payment of import duty and VAT for winter included: electric generating sets, transformers, electric batteries, equipment for switching or protection of electric circuits or for connection to electric circuits for voltage over 1000 V, consoles, panels, distribution boards, equipment and devices for water filtration or treatment.
The Economy Ministry said Friday that the relevant Cabinet of Ministers decree No. 1260 to expand the list of preferential imports in connection with the Covid epidemic was made public on the government website on Friday.
The Ministry of Economy clarified that the relevant tax changes were initiated on the instructions of Ukrainian President Vladimir Zelensky.
According to the Ministry, the abolition of VAT and import duties will reduce prices and saturate the Ukrainian market with goods that will help citizens and businesses to survive periodic power outages this winter season.
At the same time, according to deputy head of the Verkhovna Rada Committee on Economic Development Dmitriy Kisilevskyy, even before the abolition of import duties and VAT on such goods, the government should have gathered domestic producers of this equipment and provided them with priority access to credit 5-7-9%, canceled the duties on components and raw materials and formed a reserve fund of equipment and materials.
“The government is implementing the abolition of import restrictions solely on finished products – without components and raw materials, not to mention other steps. As a result, a generator produced in Ukraine will, by definition, be 20-30% more expensive than an imported one,” the MP wrote in a column in NV.
According to him, in the absence of such steps, the adopted import privileges are an unbalanced policy.
As the MP specified to the Interfax-Ukraine news agency, among Ukrainian producers of such products are, in particular, Power Generation LLC, Geko-Center, Compressors International, Hyatt Ukraine, Darex-Energo and Equiwes.
