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Goods worth Euro 1.5 thousand to be moved free of customs duty within Customs Union

20 june 2011, 19:55
0
Individuals within the Customs Union are allowed to bring in into their respective countries goods worth Euro 1.5 thousand [or 50 kg] free of customs duty, Bnews.kz quoted Vice Chairman of the Tax Committee [under the Tax Ministry] Igor Ten as saying.

According to him, customs offices will be taken into account frequency of individuals’ trips.

Starting from July 1, 2011 customs border inside the Customs Union will be removed completely. For Kazakhstan and Russia that means that the customs territory will be moved to an outside contour.

June 18 Almaty hosted a meeting of heads of the Customs Union member states customs agencies.

The Customs Union between Russia, Kazakhstan and Belarus came into existence on January 1, 2010 to boost trade and investment. According to the statement made at the press-conference in Minsk, the Customs Union was formed on the WTO principles.

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