Indebtness of Ukraine’s tax authorities on tax reimbursement on value added tax (VAT) to PJSC “Zaporozhstal” as of November 1, 2015., amounted more 1 billion UAH. From May 2015, PJSC ”Zaporozhstal” unlawfully was deleted from the list of companies, receiving the automatic reimbursement of VAT, in spite of conformity to all criteria of automatic reimbursement of VAT, and exemplary financial and production history.
CEO of PJSC ”Zaporozhstal” Rostyslav Shurma said, that non repayment of VAT – is the response of government authority on civic position, showed by Steel Plant’s workforce during local election and method of pressure on Steel Plant and its workforce.
«Chief engineer of “Zaporozhstal” Vladymir Buryak, in the first ballot collected 32% of votes, and is the leader of the second ballot of local election for the post of mayor of Zaporozhye city. Non repayment of VAT to the Steel Works in the amount of 1 billion UAH – is a telling and painful blow on work collective, it is the counter value of wage, for nearly half year of all employees of the Steel Works. Legislation of Ukraine is crudely violated with the only one purpose – to force the Steel Works into the debt pit, by artificial means to make erosion of working capital of Steel Works, which is sent for wage/salary payment to employees, payment for the electric power and natural gas supply, updating of equipment. “Zaporozhstal” is the largest exporter of Ukraine, but we have depleted our resources. If the problem of VAT reimbursement to the Steel Works is not solved, it would result in decline in production, consequently, decrease of foreign currency proceeds into Ukraine, which means, – further devaluation of national currency” , said Rostyslav Shurma.
PJSC “Zaporozhstal” is the biggest tax payer in Ukraine and Zaporozhskaya region. In 2012-2015 the Steel Works invested 2,7 billion UAH into modernization of production, which is a hundred times exceeds the requirements of Tax Code of Ukraine for the automatic reimbursement of VAT. PJSC “Zaporozhstal” at year end 2014, transferred to budgets of all levels more 1,4 billion UAH., in 10 months of 2015 more 2 billion UAH. In April 2015 Steel Works raised the salary of Steel Works employees by 23% on the average.