resumption of 13% import duty-term lead to the rise of imported food by 10-20%. The opinion was expressed by Head of analytical department consulting agency AAA Maria Kolesnik
This will lead to a rise of production by 10-20%. If the importer wants to shift some risk to themselves, it could happen 10% increase in prices, not more. But if the risks and reducing the profits the importer will a view of the fact that the very low sales-related crisis. If the market is demand, then prices may rise even up to 20%, and it will be passed on to the final consumer , - said M. Kolesnik.
In doing so, the expert pointed out that one can not clearly say which group of products affected by rise in the first place. This applies to the entire industry, depending on the particular company and how management will make decisions, - she explained.
In doing so, the expert expressed confidence that the Verkhovna Rada of Ukraine are not able to repeal the law of 13%-Term Tax on imports.
At BP we plan to make a bill to abolish the actions of the fee, but in spite of the criticisms of the WTO and the EU Parliament is not physically able to take anything to discard this rule, - says M. Kolesnik
As reported, 20 Feb., 2009 Ukrainian President Viktor Yushchenko signed the Law of Ukraine № 923-VI On amending some laws of Ukraine to improve the balance of payments of Ukraine in connection with the global financial crisis. The Act provides for the imposition of a period of six months an interim allowance of 13% to the existing rates of import duty.
This law
Cabinet of Ministers the right to reduce (cancel) the size of the temporary additions to the existing rates of import duties, as well as extend the application of a temporary procedure, by taking appropriate action.
March 18, 2009 to the Cabinet of Ministers abolished the 13 per cent premium to the import duties on all goods uncritical importation, except for cars and refrigerators.
Constitutional Court's decision of June 23, 2009 declared unconstitutional legislation under which the Cabinet may decide on the extension of the application, reducing the size, the lifting of the temporary additions to the existing rates of import duties on certain goods.
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