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, 2008,01:36


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News / 7 August 2008 | 11:35

State will speed up reimbursement of VAT


The government intends to speed up reimbursement of VAT to all grain traders, Prime Minister Yulia Tymoshenko said at the session of the Cabinet.

She underlined that the state would reimburse VAT to those traders, who present a document proving that they purchased grain from a producer and at the price, not lower than the one fixed by the government.

"If grain traders purchase grain through shadow schemes which lead to dumping prices, we will not reimburse VAT," Tymoshenko assured.

The Premier also noted that the tax administration would control every contract on grain purchase and VAT reimbursement.

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