Goods can now be legalised using an acceptance document

In order to comply with the tax legislation and simplify the process of legalisation of goods for taxpayers carrying out trading activities under the simplified taxation system based on a single tax (at the rates of 0%, 0.1%, 0.5% and 1%), as well as in trade zones with a special regime, a new paper document — the receipt document — is being introduced. 

This document makes it possible to legalise goods transactions, improve accounting processes and reduce business risks.

The document of receipt is an official document that allows to register goods if there are no primary accounting documents or they have not been properly executed. Its use will be an important step towards transparency of business processes and ensuring correct tax accounting.

The main benefits for taxpayers are:

• Legalisation of goods — the ability to put goods on the books without primary documents;
• Simplification of document flow - an additional tool to legitimise goods transactions;
• Transparency of accounting - improving the quality of tax control and reducing the risk of underpayment or penalties.

In order to execute the receipt document, taxpayers may apply to the tax authority and fill in the appropriate form. Detailed information on the procedure and requirements will be published on the official pages of the Tax Service.

Please pay attention to this innovation and take advantage of the opportunity to legalise goods in due time.

You can legalise goods only until April 1 this year.

The STS notes that the following goods are not subject to legalisation: alcoholic beverages, tobacco products, medicines, medical devices, jewellery made of precious metals, oil and petroleum products (except for lubricating oils and other oils — HS codes 2710197100-2710199800), goods for which there are decisions of the tax service on the results of an audit or court decisions that have entered into legal force.