Czech News - June 96 - New Laws Published In The Collection Of Laws

AGREEMENT ON SIMPLIFYING THE TRADE FORMALITIES WITH CR, EU AND EFTA

By announcement 174/1996 Coll., the Czech Republic officially signed the agreement which is already applied in the countries of EFTA and EU on the use of simplified formalities in respect of common trade. This change is effective from 1st July 1996 and will result in the use of only one type of customs declaration and a common transit regime within the Czech Republic, EU and EFTA countries.

As far as the common transit regime is concerned, it will, for example, bring a simplification in the transport of goods between the countries of EU and EFTA where the relevant customs debt will have to be secured only in the country of export. During the transit to a destination no further securing of customs debt should be necessary.

In respect of the customs declaration, 30 June 1996 was the last day when the old format of customs declarations could be used. This situation was already stipulated by Decree 8/1996 Coll. and an example of the new format of the single customs declaration was also set out. Based on this decree, the old and the new format could have already coexisted in practice until 1 July 1996.

ANNOUNCEMENT OF THE MINISTRY OF FINANCE STIPULATING THE CONDITIONS OF THE RECOVERY OF EXCISE DUTY PAID IN THE PRICES OF SOME HYDROCARBON FUELS AND LUBRICANTS

Decree No 170 was published in the Collection of Laws and stipulates the essentials of the purchase document which should prove the entitlement to claim Excise Duty paid, where relevant. Furthermore, the details of records on purchases and consumption of the above products which must be kept are described.

The content of this article is intended to provide a general information on the subject matter. It is therefore not a substitute for specialist advice.

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