The State Tax Service (STS) of Ukraine has issued a notice on the reduction of the VAT rate on fuel and oil during the martial law period. This includes that the 7% VAT rate applies on imports and supplies in Ukraine of the following:

• Gasoline, heavy distillates (heavy fuel oil), and liquefied gas; and
• Crude oil and oil products obtained from bituminous minerals.

The 7% VAT rate applies reg…