Preferential terms for import of 876 electric cars in effect in  Armenia 

ArmInfo.Until the end of 2024, it will be possible to import another 876 electric vehicles to  Armenia at zero customs duty, the Revenue Committee (RRC) of the Republic of Armenia reports. 

The department recalled that by the decision of the Council of the  Eurasian Economic Commission dated 11/24/2023 No. 134 and the  resolution of the Government of the Republic of Armenia dated  12/28/2023, a quota for 2024 for electric vehicles classified under  the HS code 8703 80 000 2 was set at 7,400 vehicles with a  preferential import customs duty of 0%. For the registration of each  subsequent vehicle with an electric motor exceeding the above quota,  in accordance with the general rules of the EAEU in 2024, an import  customs duty rate of 15% will be applied.

At the same time, it will not be possible to use this tariff quota in  case of filing a preliminary customs declaration for a vehicle that  has not yet been imported to Armenia.

The quota for 2025 is set at 8,000 electric vehicles. In order to use  the quota, it will be necessary to file and register a customs  declaration or customs order for vehicles imported to the RA,  starting from 01.01.2025.

At the same time, according to the Tax Code of the RA, the VAT  exemption benefit for the import of electric vehicles, for which  there are no quantitative restrictions, will continue to be in effect  until 01.01.2026.