The agreement on establishment and application in custom union of procedure for transfer and distribution of import customs duties (other duties, taxes and fees having equivalent action)

of May 21, 2010

The Republic of Belarus, the Republic of Kazakhstan and the Russian Federation which further are referred to as Parties

based on the Agreement on creation of single customs area and forming of custom union of October 6, 2007,

being guided by the conventional principles and rules of international law,

proceeding from mutual interest in timely and complete receipt of import customs duties (other duties, taxes and fees having equivalent action) in budgets of the Parties,

wishing to render for this purpose each other assistance,

agreed as follows:

Article 1

This agreement determines procedure for transfer and distribution between the Parties of the amounts of import customs duties which obligation on payment concerning the goods imported on customs area of custom union arose from start date of application of the procedure for transfer and distribution of import customs duties established by this agreement according to the decision of the Commission of custom union.

This procedure for transfer and distribution between the Parties of the amounts of import customs duties is applied also to the amounts of penalty fee (percent) added on the amount of import customs duties in cases and the procedure provided by the customs legislation of custom union.

Article 2

The concepts used in this agreement mean the following:

import customs duty - the obligatory payment levied by customs authorities of the Parties in connection with commodity importation on customs area of custom union;

authorized body - the state body of the Party performing cash servicing of budget implementation of this Party;

the single account of authorized body - the account opened for authorized body in national (central) bank, or in the authorized body having correspondent account in national (central) bank for transfer and distribution of receipts between budgets of this Party;

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