12:40 01.10.2015

Cabinet decision on single customs value of imports goods doesn't violate Ukraine's intl trade liabilities

2 min read
Cabinet decision on single customs value of imports goods doesn't violate Ukraine's intl trade liabilities

The decision of the Ukrainian government to apply average prices and benchmarks for the customs value of imported goods did not Ukraine's liabilities in international trade, the State Fiscal Service has reported, commenting on cabinet resolution No. 724.

The service said that the resolution introduced the application of single benchmarks for customs value of goods in the risk management system regarding control over defining the customs value.

The service said that the single benchmarks of the customs value of goods are required only to analyze, discuss and assess risks. The risk management system is used as a recommendation for officials of the State Fiscal Service to analyze the conditions of a foreign trade transaction in detail, in particular, via checks on documents that are submitted to confirm the declared customs value of goods.

The service said that the requirements of the resolution do not introduce new methods for defining the customs value of goods.

"Thus, the statement that under this resolution business is obliged to pass customs clearance at the prices of the State Fiscal Service is untrue," reads the report.

The service said that when Ukraine joined the World Trade Organization (WTO), the country brought its laws on defining the customs value of goods in line with requirements of international law.

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