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Economy

Uzbekistan abolishes excise tax on imported cars

Uzbekistan abolishes excise tax on imported cars
Uzbekistan abolishes excise tax on imported cars / Photo: Press Service of the President of Uzbekistan.

Tashkent, Uzbekistan (UzDaily.uz) -- 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.

Askar Yakubov
Askar Yakubov

Askar Yakubov is a professional photojournalist with extensive experience in news and reportage photography. He specializes in fast-paced coverage of social, political, cultural, international, business, and community events, with a sharp eye for capturing expressive shots and conveying the atmosphere of an event under tight time constraints. His skill set spans reportage, portrait, and documentary photography, along with image editing and color correction, and preparing photo materials for media and digital platforms. He is known for his professionalism, adherence to editorial standards, and ability to work both independently and as part of a shooting team.