Article 21. Classification of revenues of budgets of the budget system

Classification of revenues of budgets of the budget system is coding of revenues by their types and sources.

Structure of classification of budget revenues of the budget system consists of:

classification of sources of funds and levels of budgets of the budget system;

types of revenues;

organizational classification;

territorial classification.

Classification of sources of funds and levels of budgets of the budget system is used to attribute incoming revenues to the corresponding sources of funds and the level of budgets.

Type of revenue consists of section, paragraph and kind of revenue.

Revenue section is coding of revenue by source.

Revenue paragraph is coding of taxes and other compulsory payments, as well as non-tax payments by their tax base.

Kind of revenue is a specific kind of revenue of budgets of the budget system.

Organizational classification is used in order to attribute incoming revenues of the relevant body administering these revenues.

Territorial classification is used to attribute incoming revenues to the corresponding administrative-territorial unit in which these revenues are generated or to which they are credited.