Processing in the customs territory

Let's talk about the benefits of the procedure for processing of products in the customs territory, the competent application of which expands the horizons for business development, especially in the textile and light industry.

Often, during the daily routine, we do not have time to study, analyze our customs law and understand how to apply it competently. Why is this happening? Many believe that it establishes only our customs duties. But modern methods of administration provide opportunities for modernization of production, saving money, attracting investments and other bonuses. We are afraid of the new, depend on the opinion of management, who does not want to change anything in established business processes, and go with the flow. However, without the initiative of the head, managerial will, inquisitive mind and passionarity, it is impossible to develop the company and bring it to the real market leaders.

Let's analyze in detail the procedure of processing in the customs territory, which is specially designed for domestic manufacturers that produce export products using imported raw materials and components.

The essence of the process is as follows: foreign goods intended for production at a Russian enterprise are imported for the processing period without payment of customs duties and payments. Thus, if the finished products are exported, there are significant savings.

The key point is the absence of an economic burden on the manufacturer in the form of customs duties, taxes, special anti-dumping and countervailing duties. The conditions for placing goods under the processing procedure in the customs territory are regulated by The Customs Code of the EAEU, as well as the new Federal Law "On Customs Regulation in the Russian Federation".