From December 1, Belarus introduces a mechanism for traceability of goods

On December 1, Belarus is introducing a new mechanism to control the movement of goods. Two groups are subject to it: household refrigerators/freezers, and new pneumatic tires. Business entities need to conduct an inventory and provide information on the balances of goods from the list to the tax authorities at the place of registration in the form of an electronic document. One of the goals of the innovation is to increase the transparency of the turnover of goods and the development of fair competition, including when exporting to the markets of the EAEU member states.