Customs innovations: simplifications are provided for by the Customs Code of Ukraine and the Convention on the Common Transit Procedure (NCTS)

1. What is NCTS?

2. Types of simplifications of the NCTS system for business:
– General guarantee (50/70/100%)
– self-imposition of special type seals;
– the procedure of simplified declaration;
– the procedure of release by location.

3. Types of customs simplifications for business:
– the status of an authorized consignor;
– the status of the authorized consignee;

4. Peculiarities of the fulfillment of customs formalities during the application of the simplification of the “procedure of release by location” (Order of the Ministry of Finance dated 29.06.2023 No. 355)