Poroshenko signs law on prolongation of tax and customs concessions

Source : 112 Ukraine

For now, the concessions work for the period of the Anti-terrorist operation. The law provides such concession throughout the period of the Joint Forces Operation
18:45, 27 June 2018

Youtube Presidential Administration

Petro Poroshenko, the President of Ukraine, signed the laws on the proliferation of tax and customs concessions provided for the ATO (Anti-terrorist operation) and Joint Forces Operation period, as the press office of the Head of State reports.

The amendments to the Tax Code prolong the operation of the relief for the payment for the payment of military levy and VAT during the Joint Forces Operation. Besides, the defence-related goods, including helmets, helmet lining, body armor, drones, binoculars, parachutes etc. are exempted from VAT being brought to Ukraine.  

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Earlier, the Parliament adopted this law with 229 votes of the MPs.

The law inserts amendments in the Customs Code exempting the personal protective equipment, threads and fabrics to make body armor from import taxes.

Related: Poroshenko signs law on establishment of Supreme Anti-corruption court

Additionally, the concessions work for the medicines and medical goods for the injured participants of the JFO. Single permission for import of such goods in Ukraine is provided through a simplified procedure, approved by the Government. Besides, Ukraine’s Government defines the amount of such medicines and medical goods is allowed to be imported on the territory of Ukraine.

The law comes into effect on the next day after its official publication. However, under the recommendations of the special committee, the amendments will be applied since May 1, 2018.

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Ukraine’s Parliament adopted the document by 229 votes of the MPs on June 19.

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