The amount received by the business reimbursement of value added tax at the beginning of November reached 70,25 billion. The Ministry of Finance reported on the official website.

Including 134 of the taxpayer received compensation in automatic mode by 3.7 billion UAH.

From 1 April the registry received of 24.59 thousand applications business for compensation totaling 88,06 billion, while the bids for UAH 1.1 bn refused to refund or they are on appeal. In November in the registry has already received eight orders for a total of $ 1.8 million, but the refund had not yet been performed.

Almost 90% of the stated monthly amount for reimbursement is returned within thirty days, while over the same period last year the figure was only 41%, said the Ministry of Finance.

“The current system of reimbursement allows the business to VAT on their bills in the declared recoverable volumes that allows for a transparent plan their business processes”, – the press service of the Ministry.

Business reimbursed 70,25 billion UAH of VAT – Ministry of Finance 06.11.2017

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