Uzbekistan abolishes excise tax on imported cars
Tashkent, Uzbekistan (UzDaily.com) -- On 3 June, President of Uzbekistan Shavkat Mirziyoyev signed a resolution “On measures to further streamline foreign economic activity and stimulate the development of the domestic vehicle market”.
According to the resolution of the head of Uzbekistan, from 1 August 2020, the current import excise tax rates are canceled for:
- tractors (HS code 8701);
- motor vehicles for the transport of 10 people or more (HS code 8702);
- cars of cars and other motor vehicles intended primarily for the transport of people (except for the HS code 8702), including utility vehicles and vans and race cars (HS code 8703);
- motor vehicles for the transport of goods (HS code 8704);
It should be noted that now the excise rate on import of cars is 30%. At the same time, the excise rate for new cars produced in Russia, Kazakhstan and Ukraine is 2% of the customs value.