The Omsk Region Export Support Center requests assistance in considering amendments to the Tax Code of the Russian Federation.
What do you think are the pros, cons and risks of these innovations? How appropriate are these amendments?
We are preparing proposals to the Government of the Russian Federation for consideration of this draft law. We will be glad to hear your opinion by phone 40-88-77 or by mail. razova@ved55.ru !
Further on the amendments:
From January 1, 2021, it is planned to amend the Tax Code of the Russian Federation in terms of documenting the export and import of certain groups of goods within the Eurasian Union (EAEU), namely, the creation of a national product traceability system (NTSP).
The National Product Traceability System (NTSP) is an information system that collects, records, and stores information about traceable goods and transactions related to the turnover of such goods.
The Government of the Russian Federation will approve a list of goods with the name, the EAEU HS code, the OKPD code, and the quantitative unit of measurement of goods subject to traceability. At the same time, the traceability of goods will be carried out in a documentary form without any marking marks.
The NPT will be established in relation to:
— goods imported into the territory of the Russian Federation from other countries, including the EAEU countries;
— goods to be exported to the EAEU countries.
Currently, when exporting to the EAEU countries, a statistical form is submitted to the customs authorities in electronic form no later than the 10th business day of the month following the month in which the goods were shipped.
With this innovation, the Tax Code of the Russian Federation wants to add an electronic notification to the tax authorities about the movement of goods within the EAEU within 5 days after shipment. In addition, taxpayers are required to recalculate on time when returning goods and submit an updated notification to replace the old one.
Based on this notification, the batch of goods will be assigned a registration number (RNPT). This number is then included in the invoice (for VAT payers)/a document on the shipment of goods (to non-VAT payers).
It is also necessary to notify the tax authorities of the remaining traceable goods on the effective date of these innovations within 30 days.
In addition, taxpayers will be required to submit a report on transactions with traceable goods and a VAT tax return containing information on these transactions once a quarter.
Failure to provide timely or distorted information in the report on transactions with goods and the VAT tax return is subject to a fine of 1,000 rubles per document; in invoices and documents on the shipment of goods, a fine of 2,000 rubles per document.