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Cabinet decided to reimburse VAT to grains exporters
16.09.2008 13:39 "Agro Perspectiva" (Kyiv) —
As to Premier Yuliya Tymoshenko Fri (Sept 12/08) press-conference report, Cabinet has adopted decision to compensate VAT to grains exporters. “Government has taken decision to reimburse VAT to grains exporters, but only in case if they present contracts of grains purchases made directly from agricultural producers at prices not below State-fixed minimal,” declared Tymoshenko. As to Tymoshenko, grains prices are now formed by grains traders and therefore this Government policy will be realized on market conditions. It is to be reminded, Aug 23/08 Tymoshenko declared Government was going to introduce VAT compensation quote: VAT should have been reimbursed to exporters only if they had purchased grains directly from agricultural producers at UAH816 per MT and up.
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