“No grain without tax”: how Ukraine changed the rules of agricultural exports
5 December 2024 12:07
On December 1, Ukraine launched an export security regime for exports of certain types of agricultural products. This was announced by the Chairman of the Verkhovna Rada Committee on Finance, Taxation and Customs Policy Danylo Hetmantsev (Servant of the People) on Telegram, "Komersant Ukrainian" reports.
According to Danylo Hetmantsev, the first tax invoices have been registered as part of a project aimed at ensuring export transparency. This step is intended not only to ensure tax revenues to the budget but also to strengthen the fight against shadow schemes in the agricultural sector.
“The first tax invoices have been registered under the project to ensure white exports of agricultural products… The system has started working. In the future, not a single grain will leave the country without paying tax,” Hetmantsev wrote.
Hetmantsev said that in just one day, 754 tax invoices totaling UAH 16.4 billion were submitted.
Among them:
- 117 taxinvoices worth UAH 1.5 billion were registered immediately on the grounds of unconditional registration.
- 637 tax invoices worth UAH 14.9 billion are being monitored for three days as to the origin of the goods, as stipulated by the government resolution.
It should be noted that on December 1, the export security regime came into effect for exports of certain types of goods: honey, nuts, wheat and a mixture of wheat and rye (meslin), rye, barley, oats, corn, soybeans, rapeseed, sunflower seeds, soybean oil, sunflower oil, rapeseed oil and oilcake.
The export security regime provides for
- export of goods exclusively by registered value added tax payers;
- setting minimum export prices for goods subject to the export security regime. The difference between the invoice and customs value of goods must not be negative;
- electronic exchange of information between the National Bank, the State Tax Service and the State Customs Service to monitor and control exporters’ compliance with legal requirements;
- peculiarities of drawing up a tax invoice and its registration in the Unified Register of Tax Invoices.
