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    Uzbekistan

    President Mirziyoyev approves amendments to Customs Code in Uzbekistan

    President Mirziyoyev approves amendments to Customs Code in Uzbekistan

    Uzbekistan took a step in simplifying customs procedures with the signing of a new law amending the Customs Code by President Shavkat Mirziyoyev on February 27. The official document, published on Lex.uz, introduces several changes and additions aimed at streamlining the process of placing goods under customs regimes such as export, re-export, and re-import.

    Photo: Uzbekistan took a step in simplifying customs procedures with the signing of a new law amending the Customs Code by President Shavkat Mirziyoyev
    Source: Spot
    The key amendments focus on establishing clear deadlines for exporting goods under the re-export regime from the customs territory of Uzbekistan, catering to different modes of transportation. For air transport, the deadline is set at 3 days, while for river and road transport, it extends to 10 days. In the case of trains, the period is determined based on the distance traveled, with a rate of 2000 km within 30 days.

    One notable change is the cancellation of customs duties for goods placed under the re-export regime that were not exported within the designated timeframe. Previously, such goods incurred fees on par with imported items, but this new provision aims to alleviate financial burdens on businesses engaged in re-export activities.

    Furthermore, the amended law allows for greater flexibility in processing goods outside the customs territory. Upon completion of the processing regime, goods or products can now be cleared by any customs authority, streamlining administrative procedures and reducing bureaucratic hurdles.

    Another significant provision permits the alienation of goods held in a free warehouse regime, along with the transfer of ownership, use, and disposal rights to other parties, akin to the customs warehouse regime. However, this requires written notification from the transferor and the submission of a cargo declaration by the acquiring party.

    Additionally, the law allows for the release of goods subject to customs examination before the receipt of examination results. To avail of this provision, duties and fees must be paid based on the declared value of the goods, accompanied by a guarantee of additional payment if deemed necessary.

    The new law is set to come into effect three months after its official publication, on May 28.

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    28.02.2024, 16:23   Comments (0)   1801
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