By the 18-th of January 2010 the Ministry of Industrial Policy of Ukraine received 7 requests to proceed with concessionary import of equipment, used within the industry of renewable fuels. Following information has been provided by the press-service of consulting company FuelAlternative.
On January 1, 2010 Ukrainian government validated a law “On making changes and additions to the tax policy of Ukraine in order to facilitate production and usage of biofuels.” According to the changes brought by the government, Ukrainian companies that work in the field of alternative energy can get an exemption from the tax on value added when they import technical equipment.
