Government Suggests to Extend the List of Goods, Exempted from the Additional Import Tax
On 09.07.2015 the Draft Law of Ukraine «About alterations to the article 5 of the Law of Ukraine «About measures on stabilizing of payments balance of Ukraine in accordance with the article XII of the General agreement about tariffs and trade of 1994» was registered by the proposal of KMU.
In accordance with this Draft, it is suggested to extend a list of vitally necessary commodities, exempted from the additional import tax.
In case of approving the Draft several extra vitally necessary commodities will be exempted from the additional import tax.
In particular, if the Draft is adopted, the following products will be exempted:
- medicinal products,
- technical and other facilities of rehabilitation (except cars) for invalids and other favourable categories of population, additional wares and ready-to-cook foods for production of the facilities for the rehabilitation.
Thus, the list of such goods must be firmly established by The Cabinet of Ministers of Ukraine.
It shall be noticed that as for today medicinal products and medical devices are related to the vitally necessary commodities that are exempted from taxation by the additional import tax according to the list, defined under the clause 38 of the subsection 2 of the sections XX «Transitional positions» of the Tax code of Ukraine.
