Wednesday, December 11 2019 13:42
Naira Badalian

SRC of Armenia: Starting January 1, 2020, the cost of duty-free  import of goods will be reduced 

SRC of Armenia: Starting January 1, 2020, the  cost of duty-free  import of goods will be reduced 

ArmInfo.Starting from 2020, the maximum cost and weight of goods for duty-free import from countries that are not members of the EAEU will be reduced, the press  service of the State Revenue Committee (SRC) of Armenia reports.

According to the source, from January 1, 2020, the norms of duty-free  import of goods for personal use, sent in international mail, as well  as delivered by the carrier to the address of one individual, will be  200 EUR and 31 kg.

For goods imported into the Republic of Armenia by individuals or  through international mail from countries that are not members of the  Union, from January 1, 2020, customs duties and taxes should be paid  at a single 0% tariff if the total weight of the goods transported  does not exceed 31 kg, and the cost does not exceed the amount  equivalent to 200 euros.

Meanwhile, if the total weight and value exceeds the established  level, then the customs duty and taxes for the exceeding part must be  paid: at a single rate of 15%, but no less than the amount in drams,  equivalent to 2 euros for each kilogram, exceeding 31 kg.

"For example, if the parcel cost is 500 euros and the weight is 31  kg, it is subject to customs declaration by filing a passenger  customs declaration, as well as paying customs duties at a rate of  15% of the cost in terms of exceeding the cost norm (that is, 15% of  300 euro) or, for example, if a parcel costs less than 200 euros, but  its weight is 35 kg (that is, it is 4 kg more than the weight norm),  then 4 kg (2 euros for each kg) are subject to customs duties. If  both the weight and cost of goods exceeds the norm, then a single  rate will be applied and the maximum value will be paid>, SRC  explained.  Starting January 1, 2020, restrictions on the frequency  of importation of personal goods into Armenia without duties and tax  payments by individuals through a carrier or international mail will  also be lifted.  According to the current legislation, without paying  duties, one individual per month can receive parcels with a total  value of not more than 500 euros. Moreover, their weight should not  exceed 31 kg. If the value or weight is higher, then a single rate of  30% of the customs value of the goods will be applied, but not less  than 4 euros per 1 kilogram of excess weight. 

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