CURRENT ISSUES OF CUSTOMS AND TARIFF REGULATION
Aleko Meladze
E-mail: aleko.meladze@bsu.edu.ge
Doctor of business administration, Batumi Shota Rustaveli state University
Batumi, Georgia
https://orcid.org/0000-0002-5781-2371
Abstract: The article presents a discussion of several important and relevant issues of customs and tariff regulation of Georgia, which is based on the study of the modern situation and its analysis. The paper aims to study such important aspects of the tariff method of customs policy implementation in Georgia, which serve to deal with the modern challenges of protecting the domestic market from foreign goods competition. Due to the low customs tariffs and the small number of customs taxes in Georgia, imported products are often sold at a lower price compared to local products, therefore the society also consumes goods imported from other countries, which causes significant damage to local production and the business sector in general. The study of the current situation and the analysis of statistical data reveal that the current directions of customs-tariff regulation only have a fiscal effect for the country and do not (cannot) bring significant results in terms of export stimulation and protectionism of domestic producers. The paper proposes legally recognized and scientifically substantiated methods of customs-tariff regulation, which in the long term ensure the improvement of the export-import balance, the increase of the specific share of local taxes in the revenue part of the state budget in relation to import-related taxes, the stimulation of local producers, the development of the business sector and the encouragement of exports.
Keywords: foreign trade; customs regulation; customs policy; customs and tariff regulation; import duties; Budget revenues.
JEL classification: M48; M19
Downloads
References
2. Meladze, A. (2021). Same Aspects of Improving the Customs Policy of Georgia. International Scientific Journal: “Economic Profile”. (22(2), 51-62;
3. Meladze, A. (2023). Challenges and prospects of harmonization of Georgian customs legislation with the European Union. International Scientific Journal: “Innovative Economics and Management”. 10(3). p.152-169;
4. Customs Code of Georgia. (2019). Tbilisi;
5. Tax Code of Georgia. (2019). Tbilisi;
6. Terashvili, N. (2007). Tax and Customs Policy of Georgia. Tbilisi;
7. Tsinaridze, R., Tsetskhladze, L., Kakhidze, S. (2022). Fiscal Effects of Import Duties and Import Regulation. International Scientific Journal: “Innovative Economics and Management”. №3. Vol 9. p. 91-113;
8. Abuselidze, G. & Meladze, A. (2024). Innovative Customs System and its Impact on the Sustainability of the Transit Potential. European Journal of Sustainable Development, 13(1), 229-248;
9. Fedoova, G. (2018). Electronic Commerce: Customs Regulation Problems. 1st International Conference “Development of Foreign trade in Modern World: Innovations and Challenges”. Saint-Petersburg: The Theses of Reports;
10. Korf, D. V. (2017). Commodity Nomenclature and Classification of Goods for Customs Purposes in Eurasian Economic Union. Pravo. Zhurnal Vysshey shkoly ekonomiki, №2, 188–198;
11. Mazur, A. (2008). The Concept of Customs Affairs: Idea, Content, Legislative Fixing. Customs Business, №5;
12. Nenko, S., Fedotov, O., Shchedrova, H. (2022). Economic and Legal Bases of Administration of the Customs-tariff Mechanism. Baltic Journal of Economic Studies. Vol.8, №1;
13. Novikov, M., Zemlyankaya, S. (2021). The System of Customs and Tariff Regulation of the EAEU in the Context of Globalization: Problems, Trends and Prospects of Development. The 20th International Scientific Conference Globalization and its Socio-Economic Consequences 2020;
14. Shraiber, C. (2017). Customs Tariff Regulation as an Instrument of Economic Security of the Russian Federation. Customs Scientific Journal. Vol.5, №2;
15. National Statistical Service of Georgia. (2024). Foreign Trade of Georgia. 2009-2023.
https://www.geostat.ge/ka/single-categories/99/sakartvelos-sagareo-vachroba
Searched 02.11.2024;
16. Revenue Service. (2024). Reports and Studies.
https://www.rs.ge/AboutUs?cat=5&tab=1 Searched 07.11.2024;
17. State Treasury of Georgia. (2024). Revenues of the Unified Budget of Georgia. 2009-2023. https://treasury.ge/ka/revenues Searched 04.11.2024.

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.