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Russia’s national goods traceability system creates new level of measures to counter illegal goods trafficking

18/06/2021

With the entry into force of Federal Law No. 371-FZ* (dated 9 November 2020) on 1 July 2021, Russia is introducing a national system of traceability of goods. Previously, the traceability system operated in the experimental mode and was voluntary: individual entrepreneurs and companies importing certain types of goods in Russia that are subject to traceability under Russian Government Decree No. 807* dated 25 June 2019 had the option of joining. After the entry into force of the Federal Law, participation in the traceability system becomes mandatory for businesses, and taxpayers will be required to report transactions with traceable goods to tax authorities. * In Russian

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Authors

Portrait of
Hayk Safaryan
Igor Ershov