Ukraine Introduces 14% VAT Rate for Certain Agricultural Products

With effect from 1 March 2021, Ukraine has introduced a reduced VAT rate of 14% for certain agricultural products. According to a release issued by the Ukraine State Tax Service (STS), the 14% rate applies for the supply in Ukraine and import 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), 0401 (in part of whole milk); and
• Plant products, including …