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New Ukrainian Bills Aim to Boost Energy Infrastructure with Tax and Customs Exemptions

  • Draft laws No. 11343 and No. 11344 registered in the Verkhovna Rada of Ukraine to stimulate the restoration of energy infrastructure.
  • Main goal of the draft laws: introduction of short-term tax and customs benefits.
  • Proposal to exempt from VAT operations related to the import and movement of goods into Ukraine during martial law, but not beyond June 1, 2025.
  • VAT exemption applies to:
    • Goods specified in point 93-5 of section XXI of the Customs Code of Ukraine.
    • Goods imported under purchase agreements where the Energy Community Secretariat is a party.
    • Proposal to exempt from import duty goods imported in international postal and express shipments, classified under certain UKT ZED codes, including:
    • Hydraulic turbines (8410)
    • Steam turbines (8406)
    • Electric generator sets (8502)
    • Inverters (8504)
    • Photovoltaic cells (8541)
    • Components for transformers (8504)
  • Laws will come into effect the day after their publication.

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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