- The main tax department in the Odessa region has announced that the VAT rate of 7% is applicable to operations involving the supply of medical devices and products.
- VAT is imposed on the supply and import of medical devices and products that are allowed for production and use in Ukraine and are listed in the State Register of Medical Devices.
- Taxpayers selling goods, including medical devices, must issue a tax invoice and register it in the Unified Register of Tax Invoices.
- Customs declaration is required for importing goods into Ukraine.
- Failure to meet the specified conditions for the supply of medical devices and products may result in VAT being taxed at the standard rate of 20%.
- Certain operations involving the import and supply of medical devices and products are exempt from VAT during periods of anti-terrorist operations or national defense measures.
- The forms and procedures for submitting VAT tax reports are approved by the tax authorities.
Source: od.tax.gov.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.
