The bill (Reg. No. 2475a) suggests exclude provisions from the Tax Code, under which transactions connected with supply of medical products for personal use to disabled and other privileged categories of population are exempted from VAT taxation, the same as transactions on supply of medicines, allowed for manufacturing and use in Ukraine and that are registered in the State register of medicinal products, as well as medical products, approved by the Cabinet of Ministers.
Thereat, it is suggested introduce "reduced" rate of value added tax at the level of 7 per cent for transactions on supply on the customs territory of Ukraine and transactions on import into the customs territory of Ukraine of medications, permitted for manufacturing and use in Ukraine and that are registered in the State register of medicinal products, as well as medical products, approved by the Cabinet of Ministers. The same norm applies to transactions on supply of medicines on the customs territory of Ukraine, approved for production and use in Ukraine that was manufactured by pharmaceutical institutions.