Ukraine: the Verkhovna Rada revoked the VAT discharge for the oilseeds exports
The Verkhovna Rada of Ukraine has voted for the cancellation of the VAT discharge for the export of soybeans, rapeseed and sunflower. The amendment should become valid on March 1 of 2018, the agency Interfax-Ukraine reported on December 8.
However, according to the deputies of Verkhovna Rada, the cancellation of the VAT discharge would provoke the price fall at the oilseeds market of Ukraine and the agrarians would lost up to 10-12 billions of hryvnias on the oilseeds export operations.
In addition, the representatives of the committee on agricultural policy and land issues demand to cancel the amendment from the Verkhovna Rada.
You should be authorized to post comment
In 2017/18 MY, Ukraine to process record volumes of soybeans – APK-Inform
Ukraine: condition of winter crops in northern regions was mainly good and satisfactory
Ukraine: in 2017, the seaports increased the exports of vegetable oils and oilseed meals
Ukraine: in January-November, the foreign trade deficit in goods increased – State Statistics Service
January 17, 16:00
Middle East Grain Congress is supported by IMEA-TIIF
January 17, 12:10
January 21 closes the early bird fee for participation in Middle East Grain Congress
January 17, 10:00
In 2017, Ukraine decreased agricultural production – State Statistics Service
January 16, 18:00