Russia: Way to installment payment of customs duties on the import of seeds and plant protection products
Russia
Published Sep 13, 2022
Original content
The Ministry of Economic Development is considering the possibility of a six-month installment payment of customs duties on the import of seeds and plant protection products (PPP). This issue was discussed at a meeting at the Ministry of Agriculture, writes switchHref(document.getElementById('link_9a071dc2fbdb96a513f1e6be4e0de7fb'), true, true) Kommersant. The authors of the idea believe that this measure should contribute to the stabilization of prices for seeds and plant protection products. The Ministry of Economic Development also expects that recipients of benefits will assume obligations to contain prices. The amount of customs duty is 5-10% of the cost of imported goods. One of Kommersant's interlocutors noted that the customs code of the EAEU even now allows to postpone the payment of these fees for six months, but the measure does not work due to the lack of a specific list of seeds and plant protection products approved at the EAEU level for preferential treatment. The ...
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