Monitoring of the Federal Legislation dated 30.01.2003

Decision of the Government of the Russian Federation No. 50 of January 23, 2003 on the Amendments to the Customs Tariff of the Russian Federation

From April 1, 2003, introduces restrictive quotas for the import of pork for 9 months. The quota will amount to 337,500 tons per year. Within this volume, the duty will be collected in the amount of 15% of the customs cost, however, not less than EUR 0.25 per kg. The customs registration of these commodities imported under release-for-free-circulation customs regime will be carried out in the presence of the license issued by the Ministry of Economic Development of the Russian Federation. If the quota is exceeded, the duty will amount to 80%, however, not less than EUR 1.06 per kg of meat.
The Decision also adjusts the items of Heading 02 of the Foreign Trade Commodity Nomenclature of the Russian Federation "Meat and Edible Meat Offal"

Order of the Ministry of Communication of the Russian Federation No. 144 of December 3, 2002 on the Nominal Value of the Postal Stamps Designated with Letters A and B.

From February 1, 2003, the nominal value of the postal stamp designated with letter A will amount to Rbl 3.70, with letter B - Rbl 2.75.
From May 1, 2003, accepting for delivery of postal envelopes and stamped cards with the nominal value designated with letters A and B will be carried out according to the specified tariff rates. Incompletely paid mailed correspondence will be returned to the sender without stamp grilling to make the full payment.
Registered in the Ministry of Justice of the Russian Federation on January 29, 2003. Reg. No. 4156.

Order of the Ministry of Finance of the Russian Federation No. 138n of December 30, 2002 on the Amendments to the Instruction on the Procedure of Registration of Incomes of the Federal Budget and Distribution of Incomes According to the Regulation Procedure between the Budgets of Various Levels of the Budget System of the Russian Federation

Provides the new wording for the summary register of received expenses, summary sheet of registration of incomes, some of the sheets of registration of incomes and other appendices.
Registered in the Ministry of Justice of the Russian Federation on January 22, 2003. Reg. No. 4147.

Letter of the Central Bank of Russia No. 9-T of January 22, 2003 on the Distribution of Profits

Explains that distribution of profits of the current year by credit organisations created in the form of joint-stock companies for the purposes other than payment of profit taxes and dividends after July 1, 2002 is not legal.
The mentioned requirement is stipulated by the entry into force of the changes to the Law on joint-stock companies stating that distribution of profits (including the paying out (declaring) of dividends, except for the profits distributed as dividends for the first quarter, six months, nine moths of the fiscal year) is carried out by the general meeting of stockholders at the end of the fiscal year.
If the mentioned provisions are not observed, enforcement response measures may be applied to credit organisations.