Reporting Penalties For Customs Union Countries To Be Lowered
A reduction is planned in maximum fine (from 70,000 to 50,000 rubles) faced by Russian importers and exporters that have not submitted to the customs statistics forms for trade with member countries of the Eurasian Customs Union. The amendments also relate to those who have filed the reports late or with incorrect wrong data. The related bill has passed third reading.
Currently, all such infractions fall under a common article of the Administrative Code. Legal entities are fined 20,000-70,000 rubles for related infractions. The new bill will introduce separate articles for infractions with an upper penalty threshold of 50,000 rubles.
Interestingly, penalties for incorrect data can be avoided if the company submits an application to annul the incorrect form along with a corrected version of the form. Penalties can only be avoided if this is done before Customs detects a violation.
The forms are now required by customs regulations (before they were required by government decree). While this is considered a strengthening of the law, the responsibility of the exporter/importer remains the same.
The forms can be filled on the Customs Service website, by clicking on "Представление статистической формы." Electronic submission is the most convenient way to fulfil the obligation to submit the document.
Document: Draft Federal Law N 971580-6
Adopted in third reading December 16, 2016
Translated by Alinga Consulting Group.
| ||Source: Консультант|| |