​Implementation progress of the Single State Treasury Account

9/4/18

The Ministry of Finance reports on the status of the implementation of the Single State Treasury Account of the State Fiscal Service for customs taxes paid by companies.

A separate unit has been established at the State Fiscal Service which is entitled to manage the Single State Treasury Account and to serve companies transferring advance tax payments. Also, the specialists of the State Fiscal Service and the State Treasury Service are finalizing software complexes needed for the full-scale implementation of the Single State Treasury Account.

It is planned to launch a pilot project in September 2018 for the implementation of the Single State Treasury Account. Starting from April 16, 2019, the “single account” will be mandatory for all companies.

For information:
Customs payments which are to be levied during customs clearance must be transferred to the account of the respective customs office prior to the submission of the customs declaration.

Currently, each customs office has its own account. It means that companies clearing their goods at different customs offices are compelled to transfer customs payments to three different accounts.

The Single State Treasury Account makes this procedure simpler. It means that companies will need to have one account only from which due customs taxes will be withdrawn during customs clearance at any customs office.

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