This paper deals with the robust stability of time-delay system with time-varying uncertainties via homogeneous polynomial Lyapunov-Krasovskii functions(HPLKF). We give a sufficient condition to demonstrate that the system is asymptotically stable.A new class of Lyapunov-Krasovskii function is introduced, whose main feature is that the conservativeness due to uncertainties is reduced. Numerical examples illustrate the effectiveness of our method.