Chairman of the Verkhovna Rada committee for energy and utilities Andriy Herus has initiated the abolishment of the provision to exempt taxpayers from paying value added tax (VAT) on imported equipment for solar power plants and wind farms.
“This is an absolutely unacceptable situation when importers receive preferential VAT, do not pay it to the national budget, and Ukrainian producers are forced to pay VAT under the worst conditions… From Monday [September 30] I will register the corresponding bill in order to cancel this equipment import privilege as quickly as possible,” he said during a meeting on legislative regulation of state support for the development of renewable energy projects in Kyiv on Friday.
As reported, at the end of 2018, the Verkhovna Rada introduced amendments to the Tax Code, which exempted taxpayers from paying VAT on imported equipment for solar power plants and wind farms.
EQUIPMENT SOLAR POWER PLANTS, IMPORT, PARLIAMENT, VAT, WIND FARMS
Main trade partners of ukraine in % from total volume (import from other countries to Ukraine) in Jan-June 2019
Ukrainian foreign trade in services by countries in I half-year 2019 (import)
Energy Resources of Ukraine (ERU) has signed an agreement with Polish-based PGNiG on the acquisition and imports of American natural gas to Ukraine.
“Already in early November, within the framework of the agreement, liquefied gas will arrive at the Polish LNG terminal named after former president Lech Kaczynski in Swinoujscie. LNG will enter the Polish transmission system after regasification, from where it will be brought to Ukraine through gas pipelines in Hermanowice and will be transferred to ERU. Deliveries for ERU will be implemented by the end of 2019,” the trader said in a press release.
According to PGNiG head Piotr Wozniak, today the only limitation for increasing exports to Ukraine is the capacity of Polish pipelines in the direction of Silesia-Subcarpathia.
“We expect that the capacity of these pipelines will be expanded by 2021,” he said.
Tough sanctions for violation of the rules of importing cars with foreign registration came into force on August 22, State Fiscal Service of Ukraine said on its website.
“Let us remind that according to new rules a fine in an amount of UAH 85,000 was set if a term of delivery of the vehicles of personal and commercial use delayed by 20-30 days,” the service said.
The rules say that in terms of delay by 30 days, or if the vehicle is damaged or disassembled, the size of the fine will be UAH 170,000 or the car will be subject to confiscation.
The similar fines will be paid under violating of terms of temporarily import of the vehicles: UAH 85,000 fine for failure to meet 20-30 days of deadline, UAH 170,000 or confiscation of the vehicle in case of damage or disassembling of the vehicle.
As reported, President of Ukraine Volodymyr Zelensky is going to put to the parliament a bill that postpones fines for three months. During this period, the working group is to draw out a new bill that regulates rules of disassembling of new or already used vehicles, which are in Ukraine or will be imported to Ukraine.
Commodity pattern of ukrainian import in jan-may, 2019
