Windfall tax for major companies to be introduced in Russia

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Daily Monitoring of the Legislation

Monitoring of the Federal Legislation dated 21.08.2003

Decision of the Government of the Russian Federation No. 507 of August 19, 2003 on the Endorsement of the Rate of Export Customs Duty for Natural Gas in Gaseous Condition Exported from the Territory of the Russian Federation outside the Member-States of the Customs Union Agreements

From January 1, 2004, the rate of export customs duty for natural gas in gaseous condition (code according the Foreign Trade Commodity Nomenclature 2711 21 000 0) is fixed in the amount of 30% of the customs cost. Earlier, the rate amounted to 5% of the customs cost, however, not less than EUR 2.5.

Order of the Ministry of Natural Resources of the Russian Federation No. 663 of July 30, 2003 on the Amendments to the Federal Classification Catalogue of Waste Endorsed by the Order of the Ministry of Natural Resources of Russia No. 786 of December 2, 2002 on the Endorsement of the Federal Classification Catalogue of Waste

The federal classification catalogue includes now the waste of processing of cereals, waste of plant growing industry, greenhouse gardening, beer brewing, alcohol and liqueur production and some other.
Registered in the Ministry of Justice of the Russian Federation on August 14, 2003. Reg. No. 4981.

Letter of the Central Bank of Russia No. 2833/K of August 13, 2003

At present, structural divisions of the Bank of Russia are working out draft normative acts on the cash procedures carried out by credit organisations using cash registers, on the procedure of sending by the Bank of Russia to the federal body of executive power in charge of the keeping of the State Register of Cash Registers of information on the models of cash registers permitted by the Bank of Russia for use by credit organisations, as well as of the software products used in them and on the procedure of use of cash registers by credit organisations and software used in them.
Before the adoption of the mentioned normative acts, credit organisations should be guided by the directions and explanations of the Bank of Russia on this issue being in effect now when they carry out operations using cash registers.

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