The Verkhovna Rada in the second reading and as a whole adopted the draft law by which the duty on the export of certain oil crops and livestock is joined to the exchange price of the goods.

Thus, the people’s deputies approved by 250 votes the draft law on amendments to Chapter XXI "Final and Transitional Provisions" of the Customs Code of Ukraine regarding the establishment of temporary features for determining the customs value of goods exported outside the customs territory of Ukraine                       (№ 8274).

If the exported goods are not traded on international exchanges, the customs value of such goods is the price of the goods specified in the invoice or proforma invoice, but not lower than the price of the goods, determined taking into account the arithmetic mean value of price quotations on international commodity exchanges for components such goods or prices in the domestic market of Ukraine.

According to the explanatory note, the draft law amends the Law of Ukraine "On rates of export duty on seeds of certain types of oil crops", which regulates the export duty on seeds of flax, sunflower and rye, as well as "On export duty on livestock and leather raw materials" regarding the export of cattle, sheep and animal skins.

Reference source: https://bit.ly/3ZpmPPS