March 1 is the deadline for the legalization of jewelry without documents

Евгения Комарова Economy
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The tax service reminds that the last day for the legalization of jewelry made of precious metals, which were imported or produced without primary documents, will be March 1.

According to the agency, this initiative allows jewelry owners to avoid liability and tax obligations. There are only 16 days left to take advantage of this opportunity.

Reduced rates of assay fees apply to legalized items:


To legalize their items, it is necessary to submit documents through the ESF information system on the website. The form should indicate the name of the item, its assay, weight, quantity, price, and cost. After that, taxpayers must contact the UGN to conduct testing and hallmarking of the jewelry.

It is worth noting that the voluntary patent is no longer valid, and transactions with precious metals are subject to a simplified taxation system at a rate of 0.25 percent using cash register machines.
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