BELARUS NEWS AND ANALYSIS

DATE:

26/03/2010

Customs Union Commission of Kazakhstan, Russia, Belarus coordinated mechanism of transfer of import duties

Almaty. March 26. Kazakhstan Today - The Customs Union Commission of Kazakhstan, Russia, and Belarus coordinated the mechanism of transfer of import duties to the budgets of three countries, the agency reports citing the newspaper Kommersant.

"The committee members made the decision on the mechanism of transfer and distribution of import customs duties (other duties, taxes and tax collections having equivalent action) was accepted. According to the decision, the sum of import customs duties for each party have been distributed as follows: Belarus - 4.70 %, Kazakhstan - 7.33 %, the Russian Federation - 87.97 %."

According to the newspaper, these standards have been calculated, including, proceeding from volume of import from the third countries. Customs payments will be transferred in each country to the special accounts in national currency. The system will start to work in a test mode from April 1.

Source:

http://engnews.gazeta.kz/art.asp?aid=142841


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