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Melnyk: exporters VAT reimbursement indebtedness will be compensated with money, not with grains
19.02.2009 17:05 "Agro Perspectiva" (Kyiv) —
Exporters VAT reimbursement indebtedness will be compensated only with money, not with grains, declared Minister of Agrarian Policy Yuriy Melnyk on Feb 18/09 Cabinet meeting. Melnyk made it known yesterday Cabinet had promulgated Decree stipulating Agrarian Fund grains sales; also, Agrarian Fund had held first grains trade session. As to Minister, there is no talk about mutual offset. “Only real money is used,” declared Melnyk. Melnyk admitted now exporters VAT reimbursement indebtedness totals UAH1.3 milliard. Minister said Cabinet/trading companies had reached agreement to direct all financial means (which they would receive as VAT reimbursement) to country grains market, − to buy grains from private producers or Agrarian Fund.
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