Features of transportation of cargoes on the territory of the Customs Union

Features of transportation of cargoes on the territory of the Customs Union

Customs Union (CU) is an economical union bringing postsoviet countries together, which aims at common customs area. Inside the borders of CU, there are no taxes or any economical limitations for trading goods excluding special protective, anti-impingement and compensation means. Following countries are part of Customs Union – Russia, Belarus, Kazakhstan, Kyrgyzstan, Armenia. In the area of Customs Union, many processes connected with transfer and formulation of goods are noticeably simplified. This kind of proportioning has the following specifications:

• ✓ Custom taxes are cancelled
• ✓ Anti-impingement and compensation payments are defined
• ✓ There are no limitations on import goods in Custom Union
• ✓ One common custom are is created.

An important condition for Custom Union is common united provisions about the trading relations with non-member countries.

In the area of the Union transferring the goods has several advantages:

• ✓ huge economical area
• ✓ accessible shipping tariffs
• ✓ simplified requirements
• ✓ fuel cost
• ✓ language barrier.

In terms of shipping, the most used means of transportation in the Customs Union are following:

• ✓ shipping by cars.
• ✓ sea freight transportation.
• ✓ railway transportation

The rules of transferring goods in the area of Customs Union

For transferring goods in the area of Customs Union the rules are following:

• ✓ the shipping means of transportation of must pass technical inspection,
• ✓ Tthe company must have accompany goods, transportation means and papers according to the rules set by Customs union
• ✓ the shipper must be aware of a transferred goods.

The following rules must be counted as well:

• ✓ the custom representative must be notified about the destination of the imported goods in the area of Customs Union
• ✓ on the item of Customs union the availability of the added value tax calculation process.

Customs declaration of goods and transportation means

All of the questions about the customs declaration of Customs Union are regulated by Customs code. The paper contains the general forms of cooperation procedures ways of customs control and the methods for solving disputes in the area of Customs Union.