The Law "On the Customs Tariff of Ukraine" was adopted in Ukraine
On the 19th of October the Verkhovna Rada of Ukraine adopted the government draft of the Law "On the Customs Tariff of Ukraine", which meets the requirements of the International Convention on the Harmonized System of Description and Coding of Goods.
The main purpose of the Law is to implement the transition from the classification of goods from 2017 to 2022.
In addition, adaptation of the statistical system of Ukraine to international methods, standards, classification and standardization of foreign trade documentation is envisaged.
Such innovations are primarily aimed at simplifying the procedure for customs clearance of goods. Despite this, import duty rates will remain unchanged.
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