KAZAKHSTAN TO EXPAND EXEMPTION LIST IN WTO FRAMEWORK FOR TRADE POLICIES
The Economic Integration Department of NCE RK "Atameken" notifies that from January 5, 2019 the amendments to the Order of the Minister of National Economy of the Republic of Kazakhstan # 58 dated February 9, 2017 "On Approval of the List of Goods Subject to Import Customs Duties, Amount of Rates and Their Term of Effect" in respect of which reduced customs duties are applied in accordance with the obligations Republic of Kazakhstan to the WTO, came into force.
Remind that Kazakhstan, as a member of the World Trade Organization, has undertaken the obligations to reduce import customs duties on a number of goods, according to which duties are reduced annually by expanding the exemption list.
In 2019, in accordance with the new commodity nomenclature of the EEU, the exemption list has been expanded, it consists of 2,916 items.
In turn, the Economic Integration Department recalls that along with commitments under the WTO, Kazakhstan, as a member of the Eurasian Economic Union, must ensure the traceability of goods included in the List of exemptions, as well as prevent export of goods imported at cut rates.
Along with the WTO obligations, Kazakhstan, as a participant of the Eurasian Economic Union, should ensure the traceability of goods included in the Exemption list, as well as the prohibition of export outside the Republic of Kazakhstan of goods imported at undervalued rates.
In this regard, the NCE asks the businessmen to pay attention to the fact that if the goods are used only in Kazakhstan, then it is possible to clear the goods at WTO rates.
In case if the goods are exported from the territory of Kazakhstan to the Member States of the EEU, it is necessary to carry out customs clearance of goods at the rates of the Common Customs Tariff (CCT). At the same time, the availability of a shipping document is an obligatory condition for the export of goods from the List imported into the territory of the Republic of Kazakhstan at the rates of CCT of the EEU.
The regulatory and legal basis of the Republic of Kazakhstan provides for the registration of two shipping documents, such as a customs declaration and an electronic invoice, when conducting mutual trade within the Eurasian Economic Union.
The businessmen engaged in the sale of goods included in the Exemption list should remember that shipping documents are also necessary in the following cases:
- when selling the goods included in the Exemption list that were previously imported from the territory of third countries;
- when selling the goods imported into the territory of the Republic of Kazakhstan from the territory of the Member States of the EEU;
- when selling goods produced in the territory of the Republic of Kazakhstan, the FEACN code of EEU and the names of which are included in the Exemption list;
- when exporting from the territory of the Republic of Kazakhstan to the territory of another member state of the EEU in connection with the transfer of such goods within one legal entity.
If you have any questions, please call the Economic Integration Department of the Atameken NCE RK, phone (7172) 919 373.
Please, join our Telegram channel to stay up to date on the latest news.
Leave comment:
Comments: