13 Dec 2017 17:13

Kazakhstan ratifies EEU Customs Code Treaty

ASTANA. Dec 13 (Interfax) - Kazakh President Nursultan Nazarbayev has signed the Law on the Ratification of the Treaty on the Customs Code of the Eurasian Economic Union (EEU), the president's press service said in a statement.

When presenting the bill in the Majilis, the lower chamber of the Kazakh parliament, Minister of the National Economy Timur Suleimenov said that the Customs Code and the EEU Customs Code are two interchangeable documents, since the National Customs Code fully reflects the provisions of the EEU Code, including in e-commerce customs clearance, online declaration, and the principle of the "single window."

"I would like to elaborate on the norms specific to the National Code: for example, it expands the list of goods cleared by customs prior to filing a customs declaration, the so-called post factum customs clearance procedure. This means that good prior customs clearance could be put into practice. Customs taxes are to be paid before the tenth day of the following month," Suleimenov said.

The Code on Customs Regulation synchronizes provisions with the Tax Code in accounting, returning customs duties and taxes, collecting debts, auditing appeals, etc.

"The current code provides for customs transit within 24 hours; the new code does not give more than 4 hours of work for the completion of the procedure. In addition, if necessary, the customs clearance of transit cargo could be reduced from ten to five days," Suleimenov said.

Earlier, carriers encountered difficulties when transporting goods by two or more modes of transport. "A separate transit declaration was issued for each mode of transport. The new Customs Code provides for the filing of a single transit declaration to facilitate the procedure of multimodal transportation," he said.

The National Customs Code should come into force simultaneously with the new Customs Code of the EEU on January 1, 2018.