Monitoring of the Federal Legislation dated 7.02.2003

Order of the State Customs Committee of the Russian Federation No. 1208 of November 19, 2002 on the Endorsement of the Regulation on the Classification of Commodities According to the Foreign Trade Commodity Nomenclature of Russia

Classification of commodities is the qualifying of commodities in appropriate commodity headings and subheadings in the Foreign Trade Commodity Nomenclature of the Russian Federation and appropriate digital codes. The classification is carried out for the purposes of determination of the measures of tariff and non-tariff regulation specified for the commodities moved across the customs border of the Russian Federation, keeping of the customs statistics of the foreign trade of the Russian Federation.
For the purposes of the uniform classification of commodities, the State Customs Committee of the Russian Federation issues obligatory for application by all customs bodies and interested persons normative legal acts defining the classification of individual commodities.
When declaring the commodities, the declaring party defines the commodity code independently. For individual commodities, the State Customs Committee of the Russian Federation may set the requirement to get the decision on the classification of the commodity accepted by the appropriate customs body.
Each interested party may appeal against the decision on the classification of commodities adopted by the customs body.
The Order is entered into force 30 days after its official publication.
Registered in the Ministry of Justice of the Russian Federation on February 5, 2003. Reg. No. 4184.

Regulation of the Central Bank of Russia, Ministry of Finance of the Russian Federation and the State Customs Committee of the Russian Federation No. 211-P/134n/01-100/8 of December 26, 2002 on the Amendments to the Regulation of the Bank of Russia, Ministry of Finance of the Russian Federation and the State Customs Committee of Russia Nos. 02-29/36, 11-05-02 and 01-20/10075 of October 6, 1993 (Respectively) on the Procedure of Export and Sending from the Russian Federation and Import and Sending to the Russian Federation of the Currency of the Russian Federation

The Regulation is extended to include the definition of "residents" in compliance with the Law on currency regulation and currency control.
Permits the import, export and sending of the currency of the Russian Federation by residents selling commodities and services to passengers while in travel on transport vehicles in international transportation.
Exported currency may be obtained directly from the cash department of the resident engaged in such sales or from the sale itself of commodities and services while in travel in transport vehicles. Exported currency must be imported back on the obligatory basis in the amount not less than the exported one. Imported currency must be accepted in the cash department of the resident.
In all mentioned cases, the fees for the customs registration are calculated from the nominal cost of the currency declared in the cargo customs declaration.
The Regulation is entered into force 10 days after the day of official publication in the Herald of the Bank of Russia.
Registered in the Ministry of Justice of the Russian Federation on February 3, 2003. Reg. No. 4177.

Order of the Ministry of Finance of the Russian Federation No. 135n of December 26, 2002 on the Endorsement of the Methodology Directions on the Registration in Accounting Work of Special Tools, Special Auxiliaries, Special Equipment and Special Clothing

Defines the particulars of accounting work for such assets as special tools, special auxiliaries, special equipment and special clothing. The given assets are included in the means in circulation for accounting purposes and feature a special procedure of qualifying the cost as production and sale expenses of products (works, services).
The Order applies to organisations, except for the credit organisations and budget-supported institutions.
The Order is entered into force beginning with accounting reports for the year 2003.
Registered in the Ministry of Justice of the Russian Federation on February 3, 2003. Reg. No. 4174.