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Unfinished Production


1. For the purposes of this chapter, unfinished production (hereinafter - unfinished production) refers to products (works, services) of partial readiness, that is, not having undergone all processing operations (manufacturing), provided for by the technological process. Unfinished production includes completed but not accepted by the customer works and services. Unfinished production also includes remaining unfulfilled orders from production and remaining semi-finished goods produced in-house. Materials and semi-finished goods in production are considered unfinished production provided that they have already undergone processing.

Source: "Tax Code of the Russian Federation (Part Two)" dated 05.08.2000 No. 117-FZ (as amended on 03.12.2012)

4. Unfinished production refers to products (works, services) of partial readiness, that is, not having undergone all processing operations (manufacturing), provided for by the technological process. Unfinished production includes completed but not accepted by the customer works and services, as well as remaining unfulfilled orders from production and remaining semi-finished goods produced in-house

Source: Order of the Ministry of Agriculture of Russia dated 20.01.2005 No. 5 "On Approval of Methodological Recommendations for Accounting and Taxation of Material-Production Reserves in Grain Receiving and Grain Processing Organizations"

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