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31 August 2021

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Ukraine Reverts Reduced VAT Rate for Certain Agricultural Products

The Ukraine State Tax Service (STS) has announced that the applicable VAT rate for certain agricultural products that was reduced to 14% earlier in the year has reverted to 20% with effect from 1 August 2021. The reduced rate was previously provided with effect from 1 March 2021. The standard 20% rate applies from 1 August 2021 for supplies in Ukraine and imports into Ukraine of the following commodity items in accordance with the Ukrainian classification of FEA goods:

  • Animal products, including 0102 (cattle, live), 0103 (pigs, live), 0104 10 (sheep, live), 0401 (in part of whole milk); and
  • Plant products, including, 1002 (rye), 1004 (oats), 1204 00 (flax seeds), 1207 (seeds and fruits of other oilseeds), and 1212 91 (sugar beets).

However, the reduced 14% rate continues to apply for several other plant products, including 1001 (wheat and mixture of wheat and rye), 1003 (barley), 1005 (corn/maize), 1201 (soybeans), 1205 (seeds of rape), and 1206 00 (sunflower seeds).

The changes were provided for by Law No. 1600-IX of 1 July 2021. The STS has also published transitional rules on applying the rate changes under the law.

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