Number of NCTS declarations for cargo bound for Ukraine nearly doubled in July

MOSCOW. Aug 15 (Interfax) - The State Customs Service of Ukraine has recorded that the number of New Computerized Transit System (NCTS) declarations on the delivery of goods to Ukrainian customs terminals increased 91.2% to 738 in July 2023 month-on-month, Ukrainian media said, citing the Finance Ministry.

Since the common customs procedure entered into force in Ukraine ten months ago, more than 15,000 transit declarations - 12,363 for outbound cargo and 2,653 for inbound cargo - have been submitted to the NCTS, the Finance Ministry said.

As regards NCTS declarations, Common Transit Convention member countries in July completed 3,196 movements that began in Ukraine, which is only three more than in June.

As of the end of July 2023, companies received 49 authorizations for using the simplified transit procedure, including 27 authorizations for the use of the common guarantee (among them eight for increasing the reference amount in NCTS declarations, and one for using the common guarantee with a reduction of the reference amount to 30), it said.

Apart from that, there were 18 authorizations related to assets of authorized freight forwarders and freight recipients, four authorizations for the use of special seals, and more than 20 other applications from companies are in various stages of the review process.

Since the launch of the online service enabling the electronic submission of guarantees under the common transit procedure in late April 2023, the number of guarantors using this service has reached five, with the number of registered guarantees standing at 23 common guarantees and over 280 individual ones, the ministry said.

As reported, on October 1, 2022, Ukraine joined the European Union's Convention on a common trade procedure and began using the NCTS common electronic transit database. Ukraine was the 36th country to join the convention, which became part of Ukraine's national customs legislation.

Thus, Ukrainian entrepreneurs can now benefit from the common rules during the delivery and transit of goods across the convention's 35 member states, which include the 27 EU countries and Iceland, Norway, Liechtenstein, Switzerland, the United Kingdom, Turkey, North Macedonia, and Serbia.