Ukraine has introduced duties on the export of wheat (of 9%, or at least EUR 17 per tonne), corn (12%, or at least EUR 20 per tonne), and barley (14%, or at least EUR 23 per tonne) for the period from July 1 until January 1.
A relevant law entered into force on July 1.
Besides, from July 1, 2011, the VAT that grain traders pay to farmers will be considered as expenses and will no longer be refunded by the government.
As reported, Ukrainian President Viktor Yanukovych signed the law on amendments to the Tax Code and imposing export duty on some types of grain crops on June 10.
