newsThe law is called to simplify the licensing system for the bioethanol production and harmonize the existing legislation according to the national strategy for simplification of the entrepreneurial activities.
The amends to the Draft Law Article 229 of the Tax Code of Ukraine are following:

• cancellation of CMU’s responsibility for keeping the list of the ethanol producers, due to the fact that producers are controlled through the licensing process;
• introduction of the regulatory ban on the ethyl alcohol production and its storage by bioethanol producers and also by territorially separated units of the respected companies.

The text of the amendment is available HERE in Ukrainian.