Article 77. Equivalent compensation for imported goods

Equivalent compensation, that is, replacement of a processed product obtained from an imported product placed under the customs processing regime on the customs territory with another product obtained by processing equivalent goods including goods from Uzbekistan shall be allowed based on authorization for processing of goods on the customs territory, if that operation for processing goods on the customs territory is a repair and in other cases based on a decision of the Cabinet of Ministers of the Republic of Uzbekistan.

For customs purposes, equivalent goods are goods that match imported goods in description, quality and technical characteristics.

For customs purposes, equivalent goods shall acquire the status of imported goods and imported goods that are replaced by them shall acquire the status that equivalent goods possessed.

Products obtained as a result of processing of equivalent goods shall be treated as processed products of imported goods according to the provisions of this Chapter.

If equivalent compensation for processing of goods on the customs territory is specified in issued authorization, export of processed products shall be allowed before import of goods for processing on the customs territory.