Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs

Shortfall in customs duty collection, Russian authorities to stiffen control

byadmin
25/11/2014
in International Customs
Share on FacebookShare on Twitter

MOSCOW: Russian Customs Authorities have planned to emphasize a regular and systematic check on importing companies to identify their debt. As they are not facing a good budget and Cash flow balance.

On 8 September 2014, the Head of the Federal Customs Service Andrey Beliyaninov said;

You might also like

lamic banking assets reach Rs14.47 trillion, sector share rises to 23%

07/03/2026

Shippers see temporary lull in exports

05/02/2020

“ We have been informed from reliable sources that, sent to the heads of several Customs Directorates – Central, North Western, and Far Eastern – letters of similar content regarding a shortfall in customs duty collection”.

In other words, there is a difference between the amounts the customs authorities had expected to receive, and the amount that was actually collected. The Customs Service believes that the shortfalls are due to companies understating the customs value of imported goods, or making false customs declarations.

To remedy this situation, the Customs Service has recommended that Customs Directorates and their subordinate customs authorities, which the Directorates are to alert to the situation, adopt measures aimed at improving the efficiency of customs control of imported goods by, in particular: strengthening the control of the customs value of the goods; analysing customs declarations in more detail; and taking measures to reduce situations when goods are released despite a suspicion that the information declared may not be reliable.

The names of companies to whom the customs authorities have been directed to give special attention are set out in attachments to the above letters. The lists contain both large international holdings and well-known Russian companies that import and sell on the Russian market products such as pharmaceuticals, cosmetics, automotive parts and vehicles, sporting goods, household appliances, clothes, etc.

 

Tags: Customs DirectoratesCustoms ServiceFederal Customs ServiceMoscowRussian Customs AuthoritiesRussian market

Related Stories

lamic banking assets reach Rs14.47 trillion, sector share rises to 23%

byCT Report
07/03/2026

KARACHI: Pakistan’s Islamic banking sector expanded during 2025, increasing its share in the country’s financial system with assets reaching nearly...

Shippers see temporary lull in exports

byadmin
05/02/2020

Shippers expect the coronavirus outbreak to have the greatest effect on farm product exports, notably fresh fruits and vegetables, with...

Toyota Motor Corp. employees work on the Crown vehicle production line at the company's Motomachi plant in Toyota City, Aichi, Japan, on Thursday, July 26, 2018. Toyota may stop importing some models into the U.S. if President Donald Trump raises vehicle tariffs, while other cars and trucks in showrooms will get more expensive, according to the automaker’s North American chief. Photographer: Shiho Fukada/Bloomberg

Toyota SA to invest over R4 billion in car assembly and parts

byadmin
05/02/2020

Toyota SA Motors (TSAM) has announced a R4.28bn investment in local vehicle assembly and parts supply. Speaking at the company’s...

Over 80 Kilos Cocaine Found On Dutch Plane In Argentina; Three Dutch Arrested

byadmin
05/02/2020

More than 80 kilograms of cocaine was found on a Martinair Cargo plane in Argentina. Seven men, three of whom...

Next Post

Nexus 6 earns decent score for renovate ability

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.