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EEC Council extended application of additional basis for granting deferment on payment of import customs duties
The Eurasian Economic Commission's Council decided to extend until June 30, 2024 the application of a basis for granting interest-free deferred payments or payment in instalments of import customs duties when importing goods by backbone and city-forming enterprises, which are supported for the purpose of implementing measures to improve the economic stability. This does not apply to excisable goods not used in production.
Previously, such an additional basis for granting deferred payments as part of implementing measures to improve the EAEU countries' economic stability was established until December 31, 2023.
In order to obtain the deferred or installment payment, a confirmation of the authorized governing body issued in accordance with national legislation should be submitted to the customs authority.
For reference
The procedure for granting a deferred or installment payment of import customs duties is governed by Articles 58 and 59 of the EAEU Customs Code.
