The Parliament is considering tax exemption for some types of goods imported into Ukraine by civil entities and charitable institutions in favour of the Armed Forces of Ukraine.

Interesting! The Parliament is considering tax exemption for some types of goods imported into Ukraine by civil entities and charitable institutions in favour of the Armed Forces of Ukraine.

The Committee in Verkhovna Rada of Ukraine on finances, tax and customs policies has approved the respective resolution.

How shall it be applied?

The head of the dedicated committee explains that the said goods will get import duties and VAT exemption upon the following conditions: e

1. Importing entities appear in the Register of non-profit institutions.

2. The goods shall be delivered to the appropriate recipient within 45 calendar days after the day of the customs clearance (or within 90 calendar days if there was technical maintenance and/or reparation).

Inasmuch after receiving a specified amount of money within a certain period, a non-profit institution is subject to the compulsory registration as a VAT payer, the government proposed to extend the validity of the provision allowing not to include donations from social entities or charitable institutions into this total amount till the end of the martial law conditions. Nowadays, this provision is valid exclusively till the end of the year 2022.