New Rules for Export Support: Impact on VAT Payers – Important Updates on Minimum Export Prices

• The government approved the procedure for export support for farmers
• New rules for drafting and blocking invoices will be introduced
• The decision to implement the export support regime was made by the Cabinet of Ministers of Ukraine
• Minimum export prices for certain goods will be determined by the Ministry of Agrarian Policy
• The export support regime applies to specific product codes according to the Ukrainian Classification of Goods for Foreign Economic Activity
• Only registered VAT payers can export certain goods during the regime
• Registration of export invoices can be stopped by the Cabinet of Ministers
• Failure to register an export invoice within 30 days will result in cancellation
• Corrections to registered export invoices can be made after registration

Source: news.dtkt.ua

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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