Kernel, Metinvest steel mills are largest VAT refunds recipients in June

09:30, 04.07.2017 1 min read

The largest recipient of VAT refunds in June 2017 was again Kernel-Trade with UAH 711.1 billion (in May some UAH 689.4 million), the State Treasury Service has said.

According to its data, two metallurgical combines of Metinvest also entered the top three last month: Azovstal with UAH 604.2 million and Illich steel mill with UAH 505.9 million.

Then another company affiliated with Metinvest, Zaporizhstal, follows with UAH 272.1 million. The State Food and Grain Corporation ranks fifth with UAH 244.6 million.

According to the State Treasury, the next four companies are the following agricultural exporters: MHP with UAH 240 million, JSC Cargill with UAH 226.6 million, ADM Trading Ukraine with UAH 215.7 million, and Nibulon with UAH 206.6 million.

Poltava GOK closes the top ten recipients of VAT refunds in the past month with UAH 141.4 million.