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EEC Board expanded possibilities of applying to release goods prior to filing declaration
The Board of the Eurasian Economic Commission updated the Procedure for filling in applications for goods release before submitting declarations and the structure of that document. It will now be possible to specify information about excise stamps.
Previously, the Board of the Commission lifted a restriction on applying simplifications to excisable goods that had existed for many years. The decision adopted today ensures putting to practice the possibility to apply one of the most demanded AEO simplifications related to pre-submission release in respect of excisable goods.
"The adopted amendments will expand the possibilities of using a simplified application and, accordingly, simplifications for authorized economic operators, which will contribute to further development of this institution in line with the key international trends," noted Ruslan Davydov, EEC Minister in charge of Customs Cooperation.
This document is actively used by authorized economic operators (AEOs), for whom the release of goods prior to submitting a declaration is one of the provided simplifications.
The Authorized Economic Operator concept is an internationally recognized standard of the partnership program. The AEOs are specially designated persons granted with simplifications during customs operations and customs control as persons meeting specified requirements.
Similar information is indicated in declarations for goods, the procedure for completing which is approved by Decision No. 257 of the Customs Union Commission dated May 20, 2010 On the Form and Procedure for Filling In the Declaration for Goods.
