Thursday, 26, December, 2024

Cars import duties could be cut In Uzbekistan in proposed law, the State Customs Committee said in a statement. "In Uzbekistan there are very high customs duties for the cars import. Cutting these rates is being reviewed in parallel with introduction of the recycling tax. The relevant draft bill has been submitted to the lower house. The excise tax and import duty are expected to be lowered after the introduction of the recycling tax, ", - the statement said.

Since the duty for luxury cars and electric cars were cut as of January 1, 2019, the Uzbeks reportedly imported about 600 luxury cars worth over US$ 400 million and 20 electric cars.

In Uzbekistan it is planned to introduce recycling tax from any types of vehicles in a proposed draft bill, which is currently being reviewed by the lower house. The recycling fee will be paid by manufacturers, as well as companies and individuals who import vehicles.

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