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Amendments to the Internal Trade Law will be submitted for parliamentary approval in the final reading.

Amendments to the Internal Trade Law will be submitted for parliamentary approval in the final reading.

This was reported by the press service of the highest legislative body, noting that the parliamentary commission on economy, budget and finance approved the report on the draft of the relevant amendments. It should be noted that the draft amendments to the Law on Internal Trade were adopted in the first reading on November 26, and in the second reading on December 16, 2020. Now the deputies will consider it in the third reading to make some fundamental adjustments. The bill as a whole is aimed at eliminating existing regulatory inconsistencies in the legislative framework related to the field of internal trade, including, provides for bringing the regulatory norms of the Law on Internal Trade in line with the provisions of the Law on Regulation of Entrepreneurial Activity by Permit and the Law on Basic Principles of Regulation of Entrepreneurial Activity. The draft law also more clearly sets out the grounds for refusing to accept a trade notification, outlines in more detail the activities of the authorities in relation to the operation of notifications in trade, as well as the procedure for receiving, processing and issuing confirmations. The authors of the bill argue that the updated law will exclude any possibility of evasion from paying local taxes, by including in its content a typology of commercial units through their systematization (codification) and their replacement. At the same time, the amendments include provisions to change the marketing of goods / services at a reduced price by introducing a separate chapter. The legal framework is also being supplemented by new provisions on domestic producers and the procedure for selling surplus agricultural products obtained from household plots or in fruit and vegetable associations. The beginning of the use of the automated information system for management and issuance of permits (SIA GEAP) as a platform for an information resource in the field of trade served as the basis for revising the Law on Internal Trade. As noted in the Ministry of Economy and Infrastructure, the draft law prepared by the department does not contain conceptual changes to the existing provisions and mainly proposes their clarification and correction in order to exclude ambiguity, the possibility of misinterpretation and declarative rules. The amendments to the Law on Internal Trade are being made taking into account the recommendations of the analytical study of regulations in the field of internal trade, developed within the framework of a project implemented with the support of the German Agency for International Cooperation (GIZ). // 10.02.2021 — InfoMarket.

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