Encyclopedia

Produced goods


Produced goods - the quantity of mining industry products and quarrying products contained in the actually extracted (recovered) from the subsoil (waste, losses) mineral raw materials (rock, liquid and other mixture), first according to its quality corresponding to the national standard, regional standard, international standard, and in the case of absence of these standards for a particular extracted mineral - the organization's standard, extracted by the investor during the performance of works under an agreement and reduced by the amount of technological losses within established norms (ceased to be effective as of 2019-05-01)1.

Produced goods - the quantity of mining industry products and quarrying products contained in the actually extracted (recovered) mineral raw material (rock, liquid, and other mixture) from the subsoil (waste, losses), first in quality corresponding to the national standard, regional standard, international standard, and in the case of absence of these standards for a particular extracted mineral - the organization's standard, extracted by the investor during the performance of works under an agreement, reduced by the amount of technological losses within established norms. When performing agreements where the product sharing procedure established by paragraph 2 of Article 8 of the Federal Law "On Production Sharing Agreements" is applied, the state's share in the total volume of produced goods is no less than 32 percent of the total quantity of produced goods2;

  1. Tax Code of the Russian Federation, ed. as of 2019-01-01, Art. 346-34, repealed as of 2019-05-01 // RSZ RF. 2000. No. 32. Art. 3340. ↩

  2. Tax Code of the Russian Federation, ed. as of 2026-01-01, Art. 346.34 // RSZ RF. 2000. No. 32. Art. 3340. ↩

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