Monday, March 3 2025 11:29
Naira Badalian

97% of quotas for duty-free imports of electric cars used in Armenian  in Jan-Feb 2025 

97% of quotas for duty-free imports of electric cars used in Armenian  in Jan-Feb 2025 

ArmInfo. From January 1 to March 2, 2025 inclusive, 4,818 electric vehicles were imported to Armenia without the participation of official distributors (about 96.4% of  the annual duty-free quota). This was reported by the State Revenue  Committee of the Republic.

By the decision of the Council of the Eurasian Economic Commission,  the quota for 2025 for exemption from import duty in the amount of 0%  for electric vehicles classified under the HS code 8703 80 000 2 was  set at 8,000 units of vehicles, which was approved by the decision of  the Government of the Republic of Armenia on November 28, 2024.

The quota was distributed as follows: 5,000 of them will be able to  be imported by individuals and individual entrepreneurs, as well as  legal entities that do not have dealer-distributor agreements  directly with the car manufacturer. The remaining 3 thousand are  allowed to be imported by dealers with distribution agreements  concluded directly with the car manufacturer on the relevant  documentation on warranty and post-warranty service. Those who do not  have time to import an electric car within the quota will have to pay  15% customs duty. At the same time, the State Revenue Committee of  the Republic of Armenia reports that as of March 2, 2025, 466 units  or 15.5% of the distributed quota were registered with an exemption  from customs duties by entities importing directly within the  framework of a dealer- distributor agreement concluded with the car  manufacturer.