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Changes in Russian legislation regarding indirect taxes on imported goods from EAEU countries

  • The Eurasian Economic Commission has informed that necessary changes and additions have been made to the tax legislation of the Russian Federation regarding the presentation of indirect taxes (VAT and excise) by importers of goods from the EAEU countries.
  • These amendments are due to the introduction of a special procedure for VAT payment when importing goods from Union countries by residents of Russian free economic zones (SEZ) and are intended to ensure equal conditions for the collection of indirect taxes on EAEU and third-country goods.
  • According to the updated Russian legislation, importers of goods from Union states must submit VAT and excise reports no later than September 20, 2023. The new form of the corresponding declaration, its filling procedure, and electronic submission formats came into effect on August 13 of this year.
  • In addition, for residents of the free economic zone, the declaration form for indirect taxes has been supplemented with a new section 1.1 regarding goods imported by them into the Russian SEZ from the EAEU territory.
  • The filling procedure for the declaration is reflected in Appendix No. 3 to the corresponding Order of the Russian Federal Tax Service.
  • The update of the Russian tax legislation is the final stage of comprehensive work to ensure non-discriminatory VAT taxation when importing goods from Union countries into the SEZ territory.

Source: uchet.kz

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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