Wednesday, January 8 2020 11:18
Alexandr Avanesov

When importing cars in Armenia, the rates of 2020 are applied -  statement by the SRC

When importing cars in Armenia, the rates of 2020 are applied -  statement by the SRC

ArmInfo. When importing cars in Armenia, the customs rates of 2020 are applied. This is stated in the statement of the State Revenue Committee of the Republic of  Armenia received in ArmInfo.

As noted in the document, in recent days, information has been  received that some citizens do not make customs payments after  completing customs procedures for imported cars. Moreover, they leave  the customs zone without paying the corresponding customs duties,  probably assuming that one declaration is enough for this vehicle  with the possibility of applying the 2019 rates later. In this  regard, the State Revenue Committee of the Republic of Armenia  informs that in these cases, if the applicant submits a declaration,  then customs payments will be calculated at rates effective from  January 1, 2020. The Committee urges all citizens who have already  submitted declarations for imported cars to make customs payments and  to remove vehicles from the customs inspection area.

Earlier, ArmInfo reported that from January 1, 2020, new customs  rules for registration of cars not from the EAEU countries come into  force in Armenia. In 2015, Armenia became a full member of the EAEU.  But they decided to wait a bit with the obligations of the republic.  Armenia, as a newcomer to the integration association, has been  granted a 5-year transition period. During this time, Armenia could  import a large number of goods in accordance with the requirements of  national legislation. Including, throughout the grace period, customs  duties on car imports from third countries at the old tariffs were  kept at 10%, while in the EAEU countries, rates range from 30 to 50%.  From January 1, cars are imported from 3rd countries at new customs  rates. In relation to cars, from the date of manufacture of which no  more than 3 years have passed and whose value does not exceed 8,500  euros in equivalent, customs clearance will be carried out at a  single rate of 54% of the value of the goods, instead of the current  32%, but not less than 2.5 euros per 1 cube cm engine displacement.  In this case, two bets will be settled and submitted for payment at  the maximum settlement. For cars with a value exceeding 8,500 euros  in equivalent, but not exceeding 16,700 euros in equivalent, customs  duties payable are calculated at a flat rate of 48% of the cost, but  not less than 3.5 euros per 1 cubic meter. cm engine displacement.  And in relation to cars, the cost of which exceeds 42,300 euros in  equivalent, but does not exceed 84,500 euros in equivalent, customs  clearance will cost 48% of the cost, but not less than 5.5 euros per  1 cubic meter. cm engine displacement.

Customs payments will increase especially for cars with a more  powerful engine and over 5 years of age.  So, in relation to cars,  from the date of production of which more than 5 years have passed,  the engine capacity of which exceeds 2,300 cubic cm, but does not  exceed 3,000 cubic meters. cm, the customs duty will be calculated at  a flat rate of 5 euros per 1 cubic meter. cm engine displacement. For  cars with an engine displacement of more than 3,000 cubic meters. cm  customs clearance will cost at a flat rate of 5.7 euros per 1 cubic  meter. cm engine displacement. Thus, if today the tax authorities  calculate the cost of customs clearance of cars mainly by invoice,  then from next year this document will de facto be relegated to the  background, and customs officers will be guided by the age and power  of the vehicle's engine.


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Issue volume

10 billion

Volume of T-bills for placement

200 million

Volume of submitted competitive applications

200 million

Volume of satisfied bids

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СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

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482,00

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482,00

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482,00

-0.16

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1

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200 000

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96 400 000