Ministry of Finance against revocation of licenses for storage of fuel in tanks up to 70 tons

Ministry of Finance against the abolition of the obligation for agricultural and industrial enterprises to obtain licenses for the storage of fuel in tanks with a capacity up to 70 tons. The position of the Ministry of Finance is stated in the answer for the request of the deputy of the Rada Alexander Gerega for the signature of Acting Minister. Minister Yuriy Geletiya since February 27.

“Exemption from licensing of fuel storage activities for certain entities or types of economic activity will lead to the impossibility of exercising complete control over the fuel turnover and will create conditions for the use by unscrupulous entities of the management of unaccounted fuel, from which taxes have not been paid,” – said in the answer. Minister, published on the website of the Verkhovna Rada.

The Acting Finance Minister added that according to the latest amendments to the Tax Code (adopted by the Council on 18.12.2019), the procedure for obtaining licenses for the storage of fuel used by industrial or agricultural enterprises solely for their own needs has been simplified. Yes, they can only apply for a license without a package of supporting documents.

The statement must state the purpose of the fuel, the capacity of the tanks and their actual location.

The Finance Ministry also recalled that until March 31, 2020, there was a delay in fines for storage of fuel without a license.

As of March 2, 2020, according to the State Tax Service, 4 268 licenses for fuel storage were issued to 2 934 entities. In January-March 2020 alone, the Tax Service issued 1,374 storage licenses and their beneficiaries were mainly farms.

According to enkorr, in January the co-owner of one of the agrarian companies, MP Alexander Gerega asked the government to work out an option to cancel licenses for enterprises storing fuel for their own needs in tanks with a capacity up to 70 tons.

Recall that from July 1, 2019, mandatory licensing of fuel operations was introduced, as well as tightening of control over its turnover with the introduction of the new SEART.

From the very beginning, agricultural and transportation companies tried to delay or abolish this reform, citing the inability to obtain storage licenses in a timely manner. The deferral was first granted until 31 December 2019, then until 31 March 2020.

Source: enkorr