Kernel, Azovstal, Cargill largest VAT refunds recipient in Jan 2018
Kernel Trade was the largest recipient of VAT refunds in January 2018 for the third months in a row with UAH 931.5 million refunded, while in December the company received UAH 732.5 million, the State Treasury Service of Ukraine has reported.
The top five recipients of VAT refunds in January was the following: Azovstal of Metinvest Group with UAH 768.9 million refunded (UAH 381.5 million in December), Cargill with UAH 652.2 million (no refunds in December), ArcelorMittal Kryvyi Rih with UAH 584 (UAH 659.4 million) and Mariupol Illich Steel Works of Metinvest Group with UAH 565.4 million (UAH 656.42 million).
Zaporizhstal affiliated with Metinvest was sixth with UAH 498.7 million refunded (UAH 407 million), AMD Trading Ukraine with UAH 443.9 million of VAT refunded (UAH 477.041 million) was seventh, Dniprovsky coking plant with UAH 405.7 million (no refunds in December) eighth, Nibulon with UAH 377.6 million (UAH 388.5 million) ninth and Suntrade with UAH 367.6 million (no refunds in December) tenth.
State Food-Grain Corporation received UAH 314.9 million of VAT refunds (UAH 148.7 million), Poltava Mining – UAH 215.2 million (UAH 138.8 million), Motor Sich – UAH 176.2 million (no refunds in December).