Article 47. Timeline for processing goods outside customs territory

Authorization for processing goods outside the customs territory shall be issued for two years.

An individual who has received authorization to process goods outside the customs territory shall have the right to end a customs regime before expiration of this authorization according to Article 52 of this Code.

At a formal application of an authorized individual, validity of authorization for processing of goods outside the customs territory can be extended by a customs authority for more than two years for certain categories of goods that require longer processing.

Validity of authorization for processing of goods outside the customs territory and processing period shall begin on the day the goods are placed under a customs regime of processing outside the customs territory and when goods are exported in separate consignments - from the day the first consignment of goods is placed under a customs regime of processing outside the customs territory.

A formal application for extending validity period of the authorization for processing of goods outside the customs territory must be submitted to a customs authority no later than one month before authorization expiration. Validity of authorization shall be extended in the manner prescribed for issuance of authorizations.

Submission of a formal application by an authorized individual to a customs authority for extending validity period of the authorization for processing of goods outside the customs territory shall not interrupt or suspend the period for processing of goods specified in the authorization.

In case of refusal to extend validity period of the authorization for processing of goods outside the customs territory, the goods placed under the customs regime of processing outside the customs territory shall be subject to declaration to a different customs regime according to Article 52 of this Code.