In the economic literature, the meaning of the word transit is disclosed as follows: it is the transportation of goods (passengers) from one point to another through intermediate points without the need for transshipment (transfers) to them. In the field of international economic relations, this term refers to the movement of goods (goods) through the territory of the state when they are moving from one country to another.
Goods transit
Transit is the right to transport goods from one state to another through the territory of the third without the possibility of selling them in the latter. This concept is called the regime when the goods are moved between two Russian customs authorities under their control, but without levying taxes or duties. Economic goods of the country through which they are moving do not apply to transit goods. Such goods must be in unchanged condition and not used until they arrive at their destination. Transit goods must be delivered to the indicated place within the time limits established by the customs services of departure. But these terms should not exceed the limit (for 1 month 2000 km).
Customs transit
When a foreign product is transported to its destination through the territory of a third state, customs transit procedures are applied to it. What it is? Customs transit is a regime that allows you to control the transport of goods through third countries from the point of departure to destination. It is of two types:
The first is used when transporting goods from the place of crossing the Russian border to the customs post. When transporting goods in this way, you do not need to pay customs duties in the form of taxes, duties, fees, or present licenses. What is international transit ? This is the regime when foreign goods are transported through the Russian Federation, the route of which begins and also ends outside the Russian customs territory. In this case, there is also no need to pay duties and taxes. Restrictions, prohibitions of an economic nature do not apply to the transported goods.
How does the customs transit of goods
The procedure for transportation through the territory of the Russian Federation is necessarily coordinated with customs points of arrival of goods. The transported goods can be reloaded from one transport to another in Russia. But only after prior notification of the customs authority. In this case, the procedure is performed without damaging the seals and seals imposed by such bodies. Transit is a regime that occupies an important place in the economic relations of different countries. It is designed to ensure proper control and rapid movement through the state of goods that must arrive at their destination unchanged. The established customs regime applicable in transit characterizes economic relations and the degree of trust between countries.
The value of transit for the Russian Federation
Transit international traffic is beneficial for the state. They provide convenience for export and import companies, exempt from the overload of goods and the need for additional documents. The established international communications exempt exporters from the need to make settlements at border points and ports during transportation. Economic agreements in the field of
customs control, concluded by the Russian Federation with other countries, provide quick delivery of export and import cargo to its destination. As you can see, transit is an important area of economic relations. It characterizes the state of the country, the degree of its openness and willingness to cooperate with other states.