- Kazakhstan is the last EAEU country to ratify a new Customs Code requiring declaration of all online purchases from outside the union.
- The new code will make goods from China, the EU, and the US more expensive due to a new duty (5% of the total sum plus VAT) and mandatory declarations, even for low-value items.
- Parcels within the EAEU remain exempt from duties and declarations, giving Russian marketplaces like Wildberries and Ozon a competitive advantage.
- The new rules will increase costs and delivery times for customers, as e-commerce operators will handle VAT and declarations, with extra fees likely passed on to buyers.
- Implementation will be delayed until all EAEU countries align their customs laws; the exact start date is unclear.
Source: msn.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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