Posuda goes to court over Russian customs charge

Posuda LLC, a subsidiary of Turkish glassware Pasabahce producer, will go to court on 11 April 2006 to try to obtain the cancellation of a decision from the Russian Federal Customs Service (FCS). FCS …

Posuda LLC, a subsidiary of Turkish glassware Pasabahce producer, will go to court on 11 April 2006 to try to obtain the cancellation of a decision from the Russian Federal Customs Service (FCS). FCS is demanding RUR 17 million from the company for the transit of technological equipment across the Russian border in early 2004. The Russian Federal Tax Service (FTS) granted tax reliefs to Posuda and even concluded the respective agreement with the company in 2004. However, this decision was cancelled in 2006. The provisional hearing is scheduled for 11 April 2006 in the arbitration court of the Nizhniy Novgorod region, it was reported in Kommersant-Nizhniy Novgorod.