On Introducing Changes And Additions Into The Law Of The Russian Federation "on Value Added Tax"

Original Language Title: О внесении изменений и дополнений в Закон Российской Федерации "О налоге на добавленную стоимость"

Read the untranslated law here: http://pravo.gov.ru/proxy/ips/?doc_itself=&infostr=x&backlink=1&fulltext=1&nd=102035319

Expired-the Federal law from 05.08.2000 N 118-ФЗ (January 1, 2001 onwards), the Russian Federation, the FEDERAL LAW on amendments and additions to the Russian Federation law "on value added tax" passed by the State Duma April 7, 1995 year approved by the Federation Council April 13, 1995 year Article 1. To make the Russian Federation law "on value added tax" (records of the RSFSR Congress of people's deputies and the Supreme Soviet of the RSFSR, 1991, no. 52, art. 1871; Gazette of the Congress of people's deputies of the Russian Federation and the Supreme Soviet of the Russian Federation, 1992, no. 23, art. 1229; N 34, art. 1976; 1993, N 4, art. 118; N 11, art. 387; N 14, art. 486; Collection of laws of the Russian Federation, 1994, no. 29, art. 3010; N 33, art. 3407) the following amendments and supplements: 1. the second and third Paragraphs of paragraph 3 of article 4 shall be amended as follows: "retailers and catering taxable turnover when selling goods is defined as the difference between the prices of their realization and the prices at which they make payments to suppliers, including the amount of value-added tax. The same procedure is determined by the taxable turnover at auction goods.
From procurement, supply chain, wholesalers and other businesses engaged in the sale and resale of goods, including under the treaties the Commission and order, taxable turnover is based on the value of goods sold on the basis of the prices include value added tax. "
2. In article 5, paragraph 1: sub-paragraph a "t", delete the words ", work on the construction of dwelling houses irrespective of their source of funding, including works by means of population in horticultural associations and country-building cooperatives";
in the second subparagraph of subparagraph "щ", delete the words "food products (other than excisables) and raw materials for their production; goods for children according to the list approved by the Government of the Russian Federation, to which the rate of value added tax at the rate of 10 per cent; ".
3. Article 6 shall be amended as follows: "article 6. Tax rate 1. Value-added tax rates are set as follows: 10 per cent for foodstuffs (except Excise) according to the list approved by the Government of the Russian Federation, and goods for children according to the list approved by the Government of the Russian Federation;
20 per cent for the rest of the goods (works, services), including excisable groceries.
2. These rates also apply when calculating value added tax on goods imported into the territory of the Russian Federation. "
4. In article 7:1) second and third paragraphs of paragraph 2 shall be amended as follows: "the amount of value added tax, subject to an amendment to the budget, is defined as the difference between the amounts of tax collected from customers for the sold goods (works, services), and the amounts of the tax actually paid suppliers for material resources (work, services), which cost refers to the cost of production and circulation.
The amount of value added tax, subject to an amendment of the budget of the procurement, supply and distribution, wholesale and other companies involved in the sale and resale of goods, including under the treaties the Commission and orders (with the exception of retailers, caterers and auction sale of goods) is defined as the difference between the amounts of tax collected from customers for the sold goods (works, services), and the amounts of tax paid by the suppliers of those goods and material resources (works , services), which cost refers to the cost of production and circulation. ";
2) supplement article paragraph 5 to read as follows: "5. The foreign enterprise registered in the tax authority, when the realization of goods (works, services) in the territory of the Russian Federation, calculate and pay the value-added tax in the manner prescribed by the present law.
In case of realization of goods (works, services) in the territory of the Russian Federation foreign companies not registered with the tax authority, value added tax shall be paid to the budget in the full amount of Russian companies at the expense of the listed foreign companies or other persons specified by these foreign enterprises. While Russian companies after tax foreign enterprises are eligible for reimbursement of value-added tax actually paid into the budget of the goods imported into the territory of the Russian Federation, as well as material resources for industrial purposes in the manner prescribed by the State tax service of the Russian Federation on agreement with the Ministry of Finance of the Russian Federation. "
Article 2. This federal law shall enter into force on the day of its official publication.
The President of the Russian Federation, b. Yeltsin, Kremlin, Moscow April 25, 1995 N 63-FZ