VATupdate

Share this post on

Exemption from VAT and customs duties for energy infrastructure equipment: two new bills

  • Two alternative draft laws propose to exempt equipment for the construction and restoration of various types of energy generation from VAT and import duties
  • The draft laws propose to exempt equipment for wind, solar, hydro, thermal, and gas power plants, as well as energy storage systems, from taxation
  • The exemption would be temporary, during the period of martial law in Ukraine, until December 31, 2025
  • The draft laws also propose to exempt operations related to the import of goods under certain contracts involving the Secretariat of the Energy Community from VAT and import duties

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.

Sponsors:

VAT news
VAT news

Advertisements:

  • VATupdate.com
  • AXWAY - VATupdate Banner