- Ministry of Finance approved a tax consultation regarding the exemption from VAT for operations with medicines and medical products funded by the state budget
- The consultation addresses transitional operations under the VAT exemption regime
- The exemption was in place until December 31, 2023, for certain operations with medicines and medical products purchased with state budget funds
- The consultation clarifies tax obligations for operations that began in 2023 and continued into 2024 after the exemption period ended
- Payments made before December 31, 2023, for goods purchased with state budget funds are exempt from VAT even if the delivery occurs after the exemption period
- Operations with goods received before December 31, 2023, and delivered after the exemption period are not subject to VAT
- Tax invoices for goods received before December 31, 2023, should be issued without VAT
- Operations with goods delivered after the exemption period and paid for before December 31, 2023, are also exempt from VAT
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.
