Confiscated goods destruction

distrugere-produse-confiscate

Confiscated products are goods seized by authorities from individuals or companies due to violations of laws or regulations. Confiscation can occur in various situations, such as:

  • Violation of customs laws: Products that are imported or exported illegally, or fail to meet customs regulations, may be seized by customs authorities.
  • Illegal activities: Goods obtained through illegal activities or used for unlawful purposes.
  • Non-compliance with safety or quality standards: Products that do not meet legally mandated safety or quality standards.
  • Lack of proper documentation: Goods lacking adequate documentation to verify ownership or legal origin may also be confiscated.

Removal of non-salable inventory from accounting records

Expenses incurred for removing degraded goods from accounting records are tax-deductible when calculating corporate income tax.

VAT adjustment for non-salable inventory

According to current legislation, services paid to a recycling company for the destruction of goods are fiscally deductible.

Integrated waste management

We offer comprehensive and specialized solutions for the collection, disposal, and destruction of expired, damaged, counterfeit, confiscated, non-compliant, or specially regulated products.

Collection of electrical and electronic equipment

We provide integrated solutions for the efficient management of household and electronic waste, ensuring specific treatment for each category.

Discover the financial benefits of managing non-salable inventory