Federal Law No. 431-FZ of 30.11.2024 amends Article 161 of the Tax Code of the Russian Federation.

From July 1, 2025, specific features are established for the sale in the territory of the Russian Federation of copper semi-finished products, i.e. any goods containing copper and used for the production of cable and wire products, with the exception of scrap and waste non-ferrous metals.

The norm will operate by analogy with the already existing norms in relation to raw animal hides, scrap and waste ferrous and non-ferrous metals, secondary aluminum and its alloys, and waste paper.

Purchasers of copper semi-finished products (organizations and sole proprietorships) will be recognized as VAT tax agents if two conditions are met:

  • they are included in the list of manufacturers of cable and wire products,
  • they purchase copper semi-finished products from organizations and sole proprietors who are not included in the list of manufacturers of cable-conductor products or in the list of manufacturers of copper semi-finished products.

The lists will be determined by the Ministry of Industry and Trade of Russia together with the Federal Tax Service and posted on the official website of the Ministry of Industry and Trade of Russia.