Monitoring of the Federal Legislation dated 27.10.2003

Order of the State Customs Committee of the Russian Federation No. 1098 of October 2, 2003 on the Endorsement of the Rules of Keeping of the Register of Customs Brokers (Representatives)

Specifies the procedure of examination by the State Customs Committee of Russia of applications of legal entities for inclusion in the Register of Customs Brokers (Representatives), issue of the certificate of inclusion of the legal entity in the Register, as well as the procedure of exclusion of the legal entity from the Register.
Inclusion of a legal entity in the Register is not charged.
The Order lists the terms of inclusion of the legal entity in the Register. They include, in particular, availability on the applicant payroll of at least two specialists in the customs registration with a qualification certificate, as well as the presence of an insurance contract with the broker (representative) for the civil responsibility that may occur for the damage to the property of the represented persons or violation of contracts with these persons. The insured amount may not be less than Rbl 20 million.
The Order is entered into force from January 1, 2004.
Registered in the Ministry of Justice of the Russian Federation on October 21, 2003. Reg. No. 5190.

Order of the Ministry of Taxation of the Russian Federation No. BG-3-24/527@ of October 6, 2003 on the Amendments to the Order of the Ministry of Taxation of Russia No. BG-3-18/297 of August 18, 2000 on the Measures to Adopt and Implement the Decisions on the Issues of Registration in the Taxpayer Personal Accounts of Monetary Resources Written off from Taxpayer Payment Accounts but not Entered on the Budget Incomes Accounts

Provides the new wording for the logbook of monetary resources written off from taxpayer payment accounts but not entered on the budget incomes accounts, as well as provides its filling procedure.

Letter of the Ministry of Finance of the Russian Federation No. 16-00-14/316 of October 15, 2003

Explains that with the buyer organisation having transferred an advance payment for the commodities under a contract, supplier duties to ship the products may not be regarded as a debt requiring to form the doubtful debts reserve.