VAT refund to farmers for October decreased by 7,7%

2016-11-02 12:15:49
Machine translation
VAT refund to farmers for October decreased by 7,7%

According to the state Treasury, domestic farmers in October 2016 was refunded 8,596 billion UAH of VAT, which is 7.7% less than paid in the previous month.

 

a Significant part of the amount was paid to the farmers. Of them, most funds received by the enterprise "NIBULON", which returned 416,6 million UAH. In second place was ADM trading Ukraine that received 348,7 million UAH. The three leaders entered kernel-trade with 293 MLG. UAH, which previously ranked first in terms of VAT recovery among the agricultural companies, almost not giving leadership positions. For comparison, last month the company received 893 mln compensation in August – 340 million UAH.

 

a Dozen agribusiness companies that received the highest amount of VAT for October looks like this:

  • NIBULON — 417 mln,
  • ADM trading Ukraine - 349 mln,
  • kernel-trade - 293 mln,
  • Kargil - 165 million UAH,
  • Imperovo foods – 137 mln,
  • Delta Wilmar CIS 129 million UAH,
  • MHP — 100 million UAH,
  • Ivano-Frankivsk meat-packing plant ""Ivano-Frankivsk sausage" - 90 mln
  • ADM Illichivsk – UAH 83 million,
  • Santreyd - 73 mln.

 

If at the end of August the first ten agricultural enterprises was offset 1,891 billion UAH, in September 3,529 billion UAH, in October payments again decreased to 1,836 billion.

 

For reference: this year the total amount of VAT refunds to Ukrainian companies were:

  • in January of 7.89 bln,
  • February – 8.07 billion UAH,
  • March – 6,26 bln,
  • April – 7,13 billion UAH,
  • may – 6.68 bn UAH,
  • June 111 million UAH,
  • July – UAH 12.1 billion,
  • August – of 9.31 billion UAH,
  • September 9,312 billion.