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Economy 19/04/2010 Uzbekistan increases import duties for vehicles
Uzbekistan increases import duties for vehicles
Tashkent, Uzbekistan (UzDaily.com) -- President of Uzbekistan Islam Karimov signed a resolution, which envisages increase of customs import duties for vehicles, imported into Uzbekistan.

The Uzbek leader Islam Karimov inked a resolution “On introduction of changes and amendments to some resolutions of the President of Uzbekistan”. The duties entered into force from 1 April.

In line with the document, import duty for the vehicles with engine volume of 1,000 cubic centimeters set at the size of 30% of customs price of the vehicle plus US$1.8 per a cubic centimeter. Earlier, the duty rate was 20% plus US$1.8.

The duty for the vehicles with engine volume from 1,000 cubic centimeters to 1,500 cubic centimeters established at the size of 30% plus US$2 per a cubic centimeter (earlier 20% plus US$2 per a cubic centimeter).

Import duty for the vehicles with engine volume from 1,500 cubic centimeters to 3,000 cubic centimeters increased from 20% plus US$2.5 per a cubic meter to 30% plus US$2.5.

Importers will have to pay import duty for 30% plus US$3 per a cubic meter for importing of vehicle with engine volume of over 3,000 cubic meters. Earlier, the duty rate was 20% plus US$3.

The resolution also set customs duty for used vehicles (3 years since production), which is now set at 40% plus US$ per a cubic meter.

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