On November 21, the Cabinet of Ministers of Ukraine submitted to the Parliament Draft Law #2482 “On Customs Tariff of Ukraine” which introduces a new edition of the Customs Tariff of Ukraine, based on the Harmonized Commodity Description and Coding System 2017 and the Combined Nomenclature of the European Union. The existing Customs Tariff of Ukraine is based on the Ukrainian Classification of Goods for Foreign Economic Activity developed on the basis of the Harmonized Commodity Description and Coding System 2012.
The Draft Law will help to resolve several issues, including the problem of differences in the product codes of the exporting country and Ukraine during the customs clearance of imported products.
The American Chamber of Commerce in Ukraine has already raised the issue of the necessity to adapt Ukraine's statistical system to international standards and will continuously work on further improvement of the legislative base of Ukraine within customs sphere and bringing it in line with the system of generally accepted norms of international law.
