Thursday, October 29

Amendments have been made to the EAEU Customs Code regarding the regulation of foreign trade

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At a meeting of the Supreme Eurasian Economic Council on December 25 in St. Petersburg, the heads of state of the Eurasian Economic Union signed a protocol on amendments to the Agreement on the Customs Code of the Eurasian Economic Union.

The document is aimed at comprehensive regulation of the issues of movement of electronic commerce goods across the customs border. It provides for the allocation of goods purchased within the framework of foreign electronic commerce into a separate category of goods with the definition of the specifics of its regulation, the introduction of the institution of an electronic commerce operator, the use of a new type of declaration in customs declaration (declaration for electronic commerce goods), the possibility of selling goods of foreign electronic commerce to individuals using customs (“bonded”) warehouses as well as the specifics of the application of customs duties.

The changes will make it possible to comprehensively provide logistics for operations with goods purchased by individuals on Internet sites, as well as interact with Internet sites and customs authorities, ensuring the processes of customs declaration and storage of e-commerce goods.

The new regulation will help to ensure the professionalization of activities and convenience for the end user. All support functions, including responsibility to customs authorities, will be assumed by a new participant in the supply chain – an e-commerce operator. The Protocol defines the framework of cooperation between him, customs and the buyer. At the same time, citizens do not have the opportunity to register goods independently or through an authorized operator.

The preparation of the Protocol is provided for by the Strategic Directions for the development of the Eurasian Economic Integration until 2025.

A source: eaeunion.org

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