Tuesday05 November 2024
ord-02.com

The government has implemented an export support regime for 14 types of agricultural products, according to the Ministry of Economy.

This decision was approved during the meeting.
Правительство ввело режим экспортного обеспечения для 14 видов сельскохозяйственной продукции, сообщает Министерство экономики.

The Cabinet of Ministers has introduced an export support regime during the period of martial law. This involves establishing specific features for carrying out export operations for certain types of goods (agricultural products).

As reported by the press service of the Ministry of Economy.

“According to the Bureau of Economic Security and the State Tax Service, over the past 8 months, more than 5 million tons of agricultural products worth over 50 billion UAH have been exported, which show signs of currency revenue non-return,” said Deputy Minister of Economy Taras Kachka.

He stated that the export support regime will include:

  • export of goods exclusively by registered value-added tax payers;
  • establishment of minimum export prices for goods under the export support regime. The difference between the invoice and customs value of the goods should not be negative;
  • electronic information exchange between the National Bank, the State Tax Service, and the State Customs Service to monitor and control exporters' compliance with legislative requirements;
  • specifics of preparing tax invoices and their registration in the Unified Register of Tax Invoices.

The export support regime will apply to the following types of products:

  • honey;
  • nuts;
  • wheat and a mixture of wheat and rye (meslin);
  • rye;
  • barley;
  • oats;
  • corn;
  • soybeans;
  • canola seeds;
  • sunflower seeds;
  • soy oil;
  • sunflower oil;
  • canola oil;
  • meal.

“The regulation will come into effect 30 days after the alignment and adoption of all necessary subordinate legislative acts required for the implementation of the Law of Ukraine dated 09.05.2024 No. 3706-IX, as well as after ensuring the capability to process the information defined by this Law in the information and communication systems of central executive authorities,” the statement said.

Recall that in May 2024, the Verkhovna Rada amended the Tax Code of Ukraine and certain other legislative acts of Ukraine regarding the application of the export support regime during the martial law period.

Background. Earlier, Mind reported that the Ministry of Agrarian Policy would determine minimum allowable export prices for certain types of goods. The Cabinet of Ministers approved the Procedure for approving minimum allowable export prices for certain types of goods. The document was prepared by the Ministry of Agrarian Policy and Food.