SFGCU for 2016 has repaid 607 million UAH of export VAT

PJSC “State food and grain Corporation of Ukraine” (SFGCU) has received 607 million UAH reimbursed the value added tax for the year 2016, the press service of the state.

“In October we received the first of UAH 60 million of recoverable value added tax. Only today, thanks to the joint work with the State fiscal service, the Corporation has reimbursed from the budget of 607 million UAH”, – the report cited the Deputy head of the state food Oleksandr sen.

According to him, taking into account the received payments, while the debt on VAT refunds for 2016 is 664,5 million.

“At the same time, by results of checks of the SFS, inconsistent is a VAT 104, 6 million UAH, which was formed for procurement in the period February-June 2016. We are now conducting counter-verification carried out during this period, procurement activities with the aim of appealing decisions of the GFS this amount”, – said the Deputy Chairman of the Board of the Corporation.

SFGCU established by the government of Ukraine in August 2010. It includes an extensive network of branches – linear and port elevators, mills, feed mills and cereal plants. A total of 53 units-a branch of SFGCU may store 3.75 million tons of grain. Including the total capacity for handling export of the Odessa and Nikolaev ports amount to about 2.5 million tonnes of grain cargo per year.

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