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The Finance Ministry intends to lower the threshold of duty-free import of goods to Russia up to 20 euros

The Ministry of Finance has budgeted a reduction in the threshold duty-free import of goods from 1 July 2018 up to 20 euros, reports «Kommersant».

As stated in the explanatory note to the draft Federal budget, we are talking about «importation of goods by individuals». The document States that the powers of the customs representative individuals in respect of such goods is planned to assign to the «Mail of Russia». Thus, whether the norm exclusively of mail, the explanatory note is not specified.

Now, in accordance with the Customs code of the EAEU (Eurasian economic Union), the threshold duty-free import set at around 1000 euros.

According to the plans of the Ministry of Finance of the Russian Federation, proposed a sharp reduction in the threshold duty-free import of goods will increase the budget by 30 billion roubles in 2018, 60 billion rubles in 2019 and 60 billion rubles – in 2020.

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The Finance Ministry intends to lower the threshold of duty-free import of goods to Russia up to 20 euros 30.09.2017

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