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Saturday, March 5, 2011

ArcelorMittal Kriviy Rih VAT refunds problem unsettled


Saturday, 05 Mar 2011

It is reported that the state debt for VAT refunds for products exported by ArcelorMittal Kriviy Rih is not falling and currently remains one of the major problems for the enterprise.

Currently there is no improvement in the situation with VAT refunds and the settlement of this problem.

The company said "Nothing has changed on the issue of VAT refunds to the company. We hope for a positive solution of the problem, but nothing has changed so far. Talks are now being held."

The press service noted that when holding talks the company suspected that the tax administration does not want to include ArcelorMittal Kriviy Rih, the largest exporter of goods in Ukraine, on the list of enterprises subject to automatic VAT refunds.
(Sourced from Interfax)

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