OREANDA-NEWS. February 21, 2011. As instructed by the President of Ukraine, in March 2011, the procedure of VAT refund will be made fully automatic, Chairman of the State Tax Service Vitaliy Zakharchenko said.

Vitaliy Zakharchenko has also informed Viktor Yanukovych on the execution of orders of the President on fighting corruption. "We are working on this problem," he said.

It is very significant, he said, that in comparison to January 2010, when 3.8 billion UAH of VAT was collected, in January 2011 the figure was 7 billion UAH.

The Tax Service Chairman also noted that only 0.6 billion UAH were refunded to businessmen in January last year, compared to 2.7 billion UAH in January 2011.