The Cabinet of
Ministers of Ukraine introduces a mechanism for the value-added tax payment by installments
when importing equipment that is not produced in Ukraine and proves necessary
for the modernization of production capacities. The
decision was approved at a meeting of the Government on the proposal of Prime
Minister of Ukraine Volodymyr Groysman.
"For the equipment
to be imported – an installment payment plan for 24 months. This
means that the equipment will become 20% cheaper at once," said
Volodymyr Groysman, "It will allow us to upgrade production, to
create new jobs, to manufacture a high-quality product and to participate successfully
in global markets."