Business news from Ukraine

Business news from Ukraine

Ukrainian parliament may pass law on preferential imports of generators and Starlinks

12 December , 2022  

The Verkhovna Rada Finance, Tax and Customs Policy Committee has recommended that the draft laws on the cancellation of VAT and customs duties on imports of generators and other energy equipment, as well as Starlinks, be passed in the second reading, the head of the parliamentary committee for financial, tax and customs policy Daniil Getmantsev said.
“The purpose of the bills is to introduce short-term tax and customs incentives for the restoration of energy infrastructure, namely exemption from import duty and value added tax (VAT) on imports of generators and other components until May 1, 2023,” he wrote in Telegram.
The corresponding bills № 8196 and № 8197 were voted for by 23 members of the committee.
People’s Deputy Yaroslav Zheleznyak (faction “Voice”) noted that the bills will go to the session hall during this session and may be adopted.
He specified that the documents also take into account the exemption from payments for postal and express consignments and provide the opportunity to store fuel without a license up to 2 thousand liters.
Nardep noted that the import of equipment under the Energy Community technical assistance is also exempted from VAT and duties.

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