Article 16.4 : Failure to declare or make incorrect declaration by individuals of cash and/or cash instruments

Failure to declare or make false declaration by individuals of cash and/or monetary instruments moving across the customs border of the Eurasian Economic Union and to be declared in writing, if these acts (inaction) do not constitute a criminal offence, shall be punishable by a warning or an administrative fine equal to the amount of One second to twice the undeclared amount of cash and/or the value of money instruments or the confiscation of the subject matter of an administrative offence. The amount of cash and/or the value of traveller ' s cheques in excess of the authorized right of the Eurasian Economic Union to import (you) shall be recognized as undeclared for the purposes of this article. 2. Recalculation of cash and monetary instruments in the currency of the Russian Federation shall be made at the date of commission or at the time of delivery. Detecting an administrative offence at the course of the Central Bank of the Russian Federation.