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ORDER OF THE GOVERNMENT OF THE RUSSIAN FEDERATION

of January 19, 2008 No. 17

About exemption of the customs duties and taxes which are temporarily imported on customs area of the Russian Federation of the floating or working under water drilling or operational platforms

Based on Article 212 of the Customs code of the Russian Federation the Government of the Russian Federation decides:

1. Provide full conditional release from payment of customs duties and taxes concerning the exploration works of the floating or working under water drilling or operational platforms which are temporarily imported by Russian persons for carrying out (the Commodity Nomenclature of Foreign Economic Activity code of Russia 8905 20 000 0) which deadline of temporary import on customs area of the Russian Federation constitutes 5 calendar months provided that such goods remain in property of foreign persons and are transferred to Russian persons according to lease agreements, finance lease.

2. This resolution becomes effective after one month from the date of its official publication and is effective within 2 years from the date of entry into force.

 

Prime Minister

Russian Federation V. Zubkov

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