- Ukraine is experiencing major delays in VAT refunds to exporters, with suspended refunds totaling UAH 18 billion.
- VAT refund payments dropped to UAH 9.9 billion in September, versus a January–August monthly average of UAH 20.1 billion.
- Some grain-trader refund claims that passed tax audits remain unpaid because of Treasury funding shortages, tightening working capital and affecting payment terms with farmers.
- To cope, some traders are paying suppliers only part of the grain value upfront and deferring the balance until the VAT refund is received.
- Late VAT refund penalties are not being applied during martial law, and the government is gradually restoring funding for suspended budget spending, but no timetable for clearing refunds has been announced.
Source: ukragroconsult.com
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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