MOSCOW (MRC) -- The Cabinet of Ministers has decided to introduce an additional 5% import duty on polymers and plastic products. An additional fee of 10% will also be introduced on food and a 5% duty - on the rest of imports, said at the briefing Finance Minister Natalia Yaresko.
She said the decision to impose the additional fee would come into force in the coming days, after the government's preparation of a list of critical imports, which will not be covered by this duty.
As reported earlier, the draft law on import duties, adopted in late 2014, will come into force after the agreement with the commission of the International Monetary Fund (IMF).
At the beginning of this year, Deputy Finance Minister Denis Fudashkin said the additional import duties of 5% and 10% could be implemented only after a decision of the Cabinet of Ministers of Ukraine, which will be issued after the completion of appropriate consultations. They were carried out by the government with relevant international organizations and, primarily, with the IMF, starting from 8 January, when the commission arrived in the country. IMF's commission finished its work on 12 February.
Earlier, 31 December 2014, President of Ukraine Petr Poroshenko signed the law 73-VIII "On measures to stabilize the balance of payments of Ukraine in accordance with Article XII of the General Agreement on Tariffs and Trade 1994", involving the introduction of the additional import duty on 1 January 2014 for a 12-month period.
As MRC reported earlier, the bill provides that the additional import duties should be levied on goods imported into the customs territory of Ukraine in the import regime, regardless of their country of origin. According to the draft law, the import of food products (product groups 1-24, according UKTVED) will be imposed by an additional duty of 10%, the rest goods (group 25-97) - at the rate of 5%. Polymers and products made of them belong to the group 39.
In addition, the rate of 10% government introduces for the goods imported into the territory by Ukraine nationals.
The duties will be introduced during 12 months, "regardless of the country of origin of the goods and trade agreements concluded by Ukraine."
In addition, the rate of 10% is introduced for goods that are imported by citizens on the territory of Ukraine. Under the category of essential commodities for which the fee does not apply, get natural gas, thermal coal, the fuel for nuclear power plants, oil and petroleum products, gold and precious metals, humanitarian aid.
MRC