Invoice Traceability Model adopted on certain import transactions; 2023 potential full B2B pre-clearance e-invoicing
Russia has become the latest country to introduce a type of compulsory electronic invoicing. The new Value Added Tax e-invoicing system came into place from 1 July 2021 for a limited range of transactions. This ‘Traceability Model’, introduced by the Russian Federal Tax Service, is aimed at the illegal import and circulation of goods. B2B e-invoicing remains voluntary elsewhere. B2C imports are also excluded.
Draft legislation looks likely to implement mandatory e-invoicing on at least B2B transactions in 2023. This is likely to be on a pre-clearance model.
The regime will apply to imports into the Russian Federation and Eurasian Economic Union (EAEU) – Russia; Armenia; Belarus; Kazakhstan; Kyrgyzstan; Cuba; Moldova; Uzbekistan; and Iran. It will only cover certain, traceable goods. These include:
- TV and computer monitors
- Computer integrated circuits and parts
- Construction and heavy transport vehicles
- White goods (washing and dishwasher machines
Batch registration numbers on invoices – RTPN
The system covers consignments imported, which are provided with a unique identification number in a batch format – batch registration number (RTPN – регистрационный номер партии товара). Invoicing details, including full goods descriptions and weights etc – are then available at the point of import on the shipping documents for the customs. This ID must then be included in eventual electronic sales invoices – XML format – when billed to a business customer. This can further be included within the VAT return.
Check VAT Calc’s global live VAT invoice transaction and e-invoice reporting tracker to see where else real-time submissions of invoices is being implemented. You can check the right VAT calculations on individual or batch transactions for electronic or other invoices via our Advisor and Auditor services.