Tuesday, December 5 2017 11:58

ArmInfo. The new Customs Code of the countries of the Eurasian Economic Union provides for a significant reduction in customs procedures. Deputy Chairman of the Committee on State Revenues of Armenia Vakhtang Mirumyan stated this on December 5, presenting the draft law of the Republic of Armenia "On ratification of the agreement on the Customs Code of the Eurasian Economic Union" signed on April 11, 2017, in the National Assembly of Armenia.

According to V.Mirumyan, the new Customs Code provides for significantly reducing the time limits for declaring goods that are being moved on the territory of the EAGE countries, and the terms of their movement. In addition, contacts between representatives of customs services and subjects of foreign economic activity will be significantly reduced. So, the deadline for submitting declarations for goods from 2 hours is reduced to 1 hour. A certain role will be played by the directions of movement of goods across the customs border - green, yellow or red. When moving goods through the green zone, there will be no need to provide accompanying documents. They will be needed when moving through the yellow and red zones.

The document presents the principle of a "single window" of document circulation. It is also planned to introduce a system of prepayment for transactions, but this right will become voluntary for business entities, and will, in particular, solve problems with customs payments even at night. According to the document, customs payments can be extended for a period of 1 month, but already with payments and interest rates, based on the refinancing rates set by the Central Bank.

A preliminary information system will also be introduced, which will enable to quickly and efficiently manage risks and quickly cross the borders of the EAPC countries. At the same time, the availability of preliminary information is not a prerequisite. Obligatory conditions for the provision of preliminary information should be applied to goods that have certain limitations, for example, requirements for the phytosanitary condition of the goods.

Expanded and the list of perishable goods, which must cross the border in an accelerated mode. Similar measures will be applied to goods and equipment supplied as part of investment programs and exhibitions.  To conduct the entire operation for admission of goods across the customs borders of the EAEU countries, instead of one working day, from now on, it will be allocated up to 4 hours. According to the agreement, the parties also agreed with the application of six methods for determining the customs value of the goods, with the first method determining the determining value.

Nevertheless, the goods are subject to admission on the territory of the EEA countries, even if there are disagreements in determining the value of the goods. For individuals, the time limit for temporary import of vehicles from 6 months is extended by one year.

The Customs Code is also aimed at optimizing customs operations, further liberalizing customs regulations and codification of separately operating agreements within the framework of the EAEU. The basis of this system is the application of the principle of electronic declaring. The Code also provides for shorter terms of customs control, specifies the procedures for its conduct, identifies the types of customs control and means of providing it for the member countries of the Union.

Recall that on October 11, Russian President Vladimir Putin said at the conclusion of the meeting of the Supreme Eurasian Economic Council in Sochi that all the leaders of the EAEU countries spoke in favor of accelerated completion of the ratification of the common customs code so that it could enter into force in 2018. On the same day, Armenian President Serzh Sargsyan said that on the eve of the Constitutional Court of the Republic considered the agreement on the Customs Code of the Eurasian Economic Community. The president said that "in the near future" the document will be sent to parliament for ratification. The purpose of the agreement is to ensure uniform customs regulation in the EAEU.