Cabinet approves customs clearance scheme for grace imports used in defense production

12:28, 22.03.2016 1 min read

The Ukrainian government has approved a customs clearance procedure for imported goods used in production of defense goods under a state defense order. The goods are exempted from taxation to meet required Customs and Tax codes.

According to the procedure outlined in cabinet resolution No. 170 of March 16, a list of documents required to register imports of these goods is set up to confirm their compliance with concrete criteria.

According to the document, the State Fiscal Service is to submit information on imported goods every quarter to the Economic Development and Trade Ministry. The information is to include the names of economic entities, public procurement authorities and the sum of taxes that were not paid, while executors of the state defense order are to submit monthly reports on the targeted use of the imported goods.