Yes. If you are interested "How to use screenshots to exemplify the issue"
From the Genre documentation:
Show only user-defined genres
If enabled, the drop-down list of the Genre field on the Tag Panel only shows user-defined genres after a restart of Mp3tag.
Prefer genres from tags in list at Tag Panel
If enabled, Mp3tag shows the genres from the tags in the list on the Tag Panel and if the files don’t have any, shows the list of genres to select from.