Finance Ministry comments introduction of dues at purchase of new cars
12/01/2014 20:33
Finance Ministry comments introduction of dues at purchase of new cars
12/01/2014 20:33
Tashkent, Uzbekistan (UzDaily.com) -- Ministry of Finance of Uzbekistan publication an explanation note on introduction of dues to the Republican Road Fund at registration of new automobiles, produced in Russia, Ukraine and Uzbekistan, from 1 April 2014.
The ministry said that in line with the law from 25 December 2013, it is planned to abolish preferences, envisages in article 324 of Tax Code, which envisages preferences at purchase or temporary important of automobiles, produced in Uzbekistan, Russia and Ukraine, and realized via special trade points. The preference will be abolished from 1 April 2014.
The Ministry underlined that the preference on payment of dues to the Republican Road Fund was abolished for automobiles, produced in Russia, Ukraine and Uzbekistan.
From 1 April 2014, the buyers of new cars, which were purchased via special trade points, will have to pay dues at the size of 3% from their cars’ cost at registration at the Ministry of Interior Affairs.
At the same time, the Ministry recalled that Uzbekistan decreased the rate of excise tax from 5% to 2% from 1 January 2014. The Ministry added that Uzbekistan introduced 40% excise tax for lorries and trucks, imported into Uzbekistan, but the tax will not be used for lorries and trucks from Russia and Ukraine.
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