Previous Page  154 / 252 Next Page
Information
Show Menu
Previous Page 154 / 252 Next Page
Page Background

Improving Customs Transit Systems

In the Islamic Countries

140

for the payment of customs duties and taxes in respect of goods transported in accordance with

the customs procedure of customs transit

91

.

KCS is accepting the following instruments for securing payment customs duties in transit:

Certificate of Security (based on the bank or other financial guarantees, including insurance of

goods, TIR Carnet), and Customs escort.

According to the survey (Time Assessment for customs procedures for import, export, and

transit in Central Asia), the used forms of customs guarantee in the Kyrgyz Republic were as

presented i

n Figure 36.

Figure 36: Used forms of customs guarantee transit in Central Asia

Source: GIZ, Time Assessment for customs procedures for import, export, and transit in Central Asia

The guarantee accepted by KCS are cash deposits (national or foreign currency), and non-

monetary commercial bank guarantees deposit in customs (including the AEO authorization

holders). The international guarantees are not yet accepted; it is planned to sign the agreement

with Eurasian Economic Union (EAEU) MS for mutual acceptance of the guarantees for transit

operations.

The third persons cannot provide the guarantee for transit. Under the provision of the new

Customs Law, the guarantee of the third person will be accepted with 1.000.000 KG soms bank

guarantee.

KCS in customs transit procedure is registering and issuing the Certificate of Security, a

document that is confirming the acceptance of the security for paying customs duties and taxes.

91

http://www.eurasiancommission.org/docs/Download.aspx?IsDlg=0&ID=4191&print=1

35.70%

21.40%

0

35.70%

7.10%

0%

10%

20%

30%

40%

TIR Carnet

Customs Escort

Bank or other financial guarantee

Other additional guarantees (customs carrier,

electronic seals, and seals)

No answer