Today came into force a law abolishing preferential customs clearance of cars

09:06 01 July Kyiv, Ukraine

In order to fill the state budget and eliminate excessive competitive advantage compared to domestically produced products, duties and VAT on imported goods and customs clearance of cars will be returned to Ukraine from July 1.
 
According to the adopted bill to resume taxation, which was canceled:
  • for goods imported by payers of the single tax of the first, second and third groups (according to customs statistics, the average monthly loss of budget revenues is about UAH 3.0 billion of VAT and import duties);
  • for enterprises that do not pay import duties (according to customs statistics, the average monthly loss of budget revenues is about UAH 0.5 billion of import duties);
  • for vehicles imported by citizens (as a result of exemption from taxation of import duties, excise tax and VAT, the budget did not receive about UAH 17.8 billion; more than 163,000 cars were imported; rare cases of import of premium cars).
At the same time, cars equipped exclusively with electric motors (one or more) are exempted from paying the fee to the Pension Fund.