Ferrexpo hit with fresh suspension of VAT refunds in Ukraine

Ferrexpo

17/04/2025 17:51

April 17 (Reuters) - Ukraine-focused miner Ferrexpo FXPO.L said on Thursday the Ukrainian tax authorities have decided to suspend the refund of value-added tax worth 456.6 million hryvnias ($11.03 million) for February to two of its Ukrainian units.

     Ukraine authorities had previously suspended its value-added tax refund worth 512.9 million hryvnias for January.

($1 = 41.3900 hryvnias)

 (Reporting by DhanushVignesh Babu in Bengaluru; Editing by Tasim Zahid)

 ((DhanushVignesh.Babu@thomsonreuters.com;))