Since January 1, 2016 the liability for failure to provide information for unified timber record keeping system is imposed

As the Deputy Minister of Natural Resources of the Russian Federation – the Head of the Federal Forestry Agency, Ivan Valentik, told in its interview to RIA Novosti, the penalties for failure to provide information are rather large – from 7 to 25 thousand rubles for individual entrepreneurs and from 100 to 200 thousand rubles for legal entities. Moreover, the penalties will be imposed for failure to provide, for late provision or provision of misleading information on timber transactions.