Government abolishes VAT on scrap metal operations until 2019
The Cabinet of Ministers of Ukraine has exempted operations with ferrous and non-ferrous scrap metal, in particular imports, from value added tax (VAT) until January 1, 2019.
The corresponding government resolution dated March 22, 2017 amends another resolution No. 15 of January 12, 2011, which defines the list of ferrous and non-ferrous metal scrap and waste, operations with which are not subject to VAT.
The decision was made in pursuance of the law of Ukraine on amendments to the Tax Code of Ukraine regarding the improvement of the investment climate in Ukraine (No. 1797-VIII), which, inter alia, provides for amendments to the Tax Code of Ukraine with regard to the extension until January 1, 2019 of exemption of operations with ferrous and non-ferrous metal scrap from VAT.
Advertising
Advertising
MORE ABOUT
Chernihiv region business announces massive blocking of tax invoices
19:44, 30.01.2024
Zelenskyy signs laws on duty, VAT exemption for optics, anti-drone guns for defense
16:43, 18.08.2023
Rada exempts from VAT number of goods for defense needs
13:24, 28.07.2023
Zelensky: Exemption from VAT, import duty of energy equipment to simplify its supply to Ukraine
10:28, 09.11.2022
Verkhovna Rada restores customs duties, VAT on imported goods from July 1 – MP Zhelezniak
12:18, 21.06.2022
LATEST
DIM company accredits houses under construction in eOselia program
19:22, 02.05.2024
Shareholders of Interpipe Nyzhniodniprovsky Pipe Rolling Plant updates composition of supervisory board, re-elected four members for new term, incl its head
19:05, 02.05.2024
Philip Morris to invest $11 mln in launch, commercialization of new version of tobacco heating device in Ukraine
18:24, 02.05.2024
Number of transfers via NovaPay up by 18%, transactions by 24% in Q1 2024
19:32, 01.05.2024
McDonald's plans to expand partnership projects with filling stations