Upharmacia December 2017
pharmaceuticals from India to
Ukraine amounted USD 134 mio,
making 28% of the total Indian
exports to Ukraine. Members of
the IPMA expects the exports to
increase to USD 300 mio in 2018.
export products for more than
USD 10 bn. The leading Indian
companies such as Sun Pharma,
Dr. Reddy's, Aurobindo, Stride and
Hatro are presented on Ukrainian
pharmaceutical market.
India is the third world’s producer
of pharmaceuticals in volumes and
14th in values. Indian companies
REGULATORY UPDATES
7% VAT on T ransactions with
A ll M edical P roducts
On Dec 7, Ukrainian Parliament
adopted the Draft Law No. 6776-
D dated Nov 14, 2017, which
provided amendments to the Tax
Code of Ukraine. According to the
new norms, since Jan 1, 2018, VAT
rate of 7% will apply to supplies of
goods in the customs territory of
Ukraine and the importation into
the customs territory of Ukraine of
all medical products not included
in the state register of medical
equipment and medical devices, or
those that meet the requirements
of the relevant technical
regulations, which is confirmed by
the compliance document, and are
allowed for placing on the market
and / or putting into operation and
use in Ukraine.
It should be noted that today 7%
VAT rate applies exclusively to
the operations of supplying in the
customs territory of Ukraine and
the importation into the customs
territory of Ukraine of medical
products based on the list approved
by the Cabinet of Ministers of
Ukraine. 20% VAT is levied on
supply in the customs territory of
Ukraine and the import into the
customs territory of Ukraine of
medical products not included in
www.upharma-c.com
this list.
In addition, 7% VAT rate remains
for supply operations in the
customs territory of Ukraine
and the import into the customs
territory of Ukraine of medicines,
medical products and / or medical
equipment authorized for use for
clinical trials, the permission for
which is provided by the respective
ministry.
Provided by
Thereby, the specialized
International organizations will
conduct procurement of drugs and
medical devices for Ukraine under
39 directions.
Read more regulatory news on Legal
Alliance website
T he L ist of D irection for
P ublic P rocurement of D rugs
E xpanded
The Cabinet of Ministers
promulgated the Resolution
No. 975, which expanded the
list of directions, under which
International organizations conduct
delegated procurement of drugs for
Ukraine.
The list included state programs
for the procurement of drugs for
the treatment of viral hepatitis B
and C, the therapy of adult patients
with cystic fibrosis, patients with
tuberculosis, the procurement of
tests and supplies for diagnosis of
tuberculosis as well medical devices
for patients with idiopathic family
dystonia.
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