In the first quarter of 2019, VAT provided over 70% of customs revenues collected from exporters and importers

In the first quarter of 2019, VAT provided over 70% of customs revenues collected from exporters and importers

According to the Customs Service, in the first quarter of 2019, the Customs Service transferred 4 billion 594 million lei into the state budget, or 208.7 million lei more than in the same period last year. Most of the revenue was provided by the value-added tax - 70.7%, followed by excise taxes - 21% and customs duties - 5.2%. According to the CS, the figures increased due to the increase in exports from Moldova by 516.8 million lei, amounting to 10.5 billion lei. It is noted that the owners of the Authorized Exporter status - 27 companies - exported goods worth 2.2 billion lei. The CS reminds that in order to receive this status, companies must receive a certificate of origin EUR-1 (issuing it costs 6 euros). At the same time, thanks to the CS initiative, seasonal exporters can also receive this status. The head of the CS Vitalie Vrabie, at the quarterly meeting of the ministry, spoke in favor of promoting this tool, along with others (Authorized Economic Operator (117 companies have such status now) and customs clearance within the location of the economic agent (77 companies received this right). Recently, a simplified regime had been provided to companies-carriers who own TIR carnets. Thanks to the TIR-EPD application, transport workers can submit transit electronic declarations; this will significantly reduce the waiting time at customs. The new application was provided by AITA and was implemented with the support of the USAID Structural Reform Program. With the support of this program, it is planned to introduce a system for pre-recording the border crossing by freight transport and launch an information trading portal - an interactive platform that will contain all the necessary information for an economic agent-exporter. Information systems will be promoted by the software update for Asycuda World, which will allow integrating new modules and introducing the single window in the customs system. Changes are expected to improve in the area of origin of goods: a simplified procedure will be provided to companies that supply their products to Norway and Switzerland. They will be able to confirm the origin of goods only on the basis of a declaration attached to the trade document. However, this opportunity will be provided only to companies included in the information system of registered exporters. The procedure will be developed and implemented until 2020. // 13.04.2019 - InfoMarket.

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