Russia is introducing a new system for traceability of certain goods that will come into effect on 1 July 2021. Federal Law No. 371-FZ will amend the Russian Tax Code to introduce the new procedure for the traceability system, which will bring with it the introduction of mandatory e-invoicing for taxpayers dealing with traceable goods.
Since its introduction, B2B e-invoicing in Russia has remained voluntary. However, this situation is changing as of this summer when the issuance and acceptance of e-invoices are going to be mandatory for taxpayers trading goods subject to the traceability system.
Legal entities and individual businesses participating in the circulation of traceable goods are in the scope of traceability requirements. From 1 July 2021, invoices for these goods must be issued electronically. Buyers of goods that are subject to traceability must accept invoices in electronic form. The new requirement for mandatory electronic invoices for sales of traceable goods does not apply to export/re-export sales and B2C sales.