The Law of Ukraine No. 4410 “On Amending Section XI of the Customs Tariff of Ukraine for Unification of Import Duty Rates on Light Industry Products”:
- establishes level of reduced import duty rates, amounting to 0%, on raw materials not manufactured in Ukraine (yarn, fibers, threads of UKT ZED group 50-53);
- establishes import duty from 1% to 8% on finished products: fabrics, felt and fiber felt, wicker nets, twine and ropes;
- increases to 10% the full rates of import duty on light industry products of the same UKT ZED subcategories of goods where such rats are currently below 10%.
The law enters into force on July 1, 2021
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