Plans to exempt from VAT and customs duties the import of goods for the production and/or repair of mechanized demining machines
The Tax Committee of the Verkhovna Rada of Ukraine has supported draft laws No. 11258 and No. 11259 on amendments to the Tax and Customs Code of Ukraine regarding the exemption from VAT and customs duties on the import of goods for the production and/or repair of mechanized demining machines.
This was reported by MP Yaroslav Zheleznyak.
According to the explanatory note, draft law No. 11258 proposes to temporarily exempt from customs duties and VAT the importation of components (materials, units, equipment and components) into the customs territory of Ukraine under the import customs regime (including those previously placed in other customs regimes), units, equipment and components, including machine sets) imported by business entities for use in their own production activities for the production and/or repair of mechanized demining machines classified in the commodity subcategory 8479 50 00 00 according to UCG FEA
According to the explanatory note, Draft Law No. 11259 proposes to temporarily exempt from import duty the components (materials, components, assemblies, equipment and components, including machine sets) imported by business entities for use in their own production activities for the manufacture and/or repair of mechanized demining machines classified in subheading 8479 50 00 00 of the Ukrainian Classification of Goods for Foreign Economic Activity.
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