Most changes to the law were proposed by President Viktor Yanukovich, reports the Ukrainian news agency, who vetoed a law last November saying it lacked substantial changes.
The code includes a four hour time limit on travelers crossing the border into the former Soviet country, and a list of items to be considered “personal goods” and therefore untaxable. Travelers are also freed from liability if they make unintended mistakes in their customs declarations, says the news agency.
The new law also decriminalizes commodity smuggling, making it an administrative violation, but lowers the value of goods that can be imported into Ukraine without paying taxes.
The amendments come as Ukraine is preparing to accommodate an estimated 1.6 million tourists when it co-hosts the Euro 2012 football championship this summer.