Tax Administration to Provide Naftogaz with VAT Installments
OREANDA-NEWS. On March 03, 2008 the Cabinet of Ministers instructed the State Tax Administration to provide the Naftogaz of Ukraine NJSC and its affiliates UkrTransGaz, Gaz of Ukraine and UkrGazVydobuvannia with instalments on income tax and VAT payment based on the results of the enterprises' activity in October-December 2007 and January-March 2008, reported the Official website www.kmu.gov.ua.
The instalments are granted in view of unsettlement of the gas debt of Naftogaz of Ukraine consumed in October 2007-February 2008.
According to Naftogaz of Ukraine, Gazprom has reduced gas deliveries to Ukraine by 38 million cubic meters a day starting on March 3.
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