AreaUkraine

Commodity GroupMilk and dairy products

CommodityDairy products

Date29/07/2021

Policy CategoryTrade

Policy InstrumentState market intervention

DescriptionAnnounced the reinstatement of the value added tax (VAT) rate from 14 percent to 20 percent for imports into the territory for certain types of agricultural products, including whole milk powder and live animals. The aim is to reduce the risks from higher food prices and create equal conditions for agricultural producers and the processing industry.