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Uzbekistan introduces excise tax on small truck imports

Uzbekistan introduces excise tax on small truck imports

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Date: 6 January 2016 13:12

Tashkent, Uzbekistan, Jan. 6

By Damir Azizov – Trend:

Uzbekistan introduced an excise tax of 70 percent on imports of small trucks with an engine capacity of up to 2,500 cubic centimetres and a total weight of no more than five tons.

The excise tax comes into effect starting from 2016.

Prior to the introduction of the excise duty on the small trucks’ imports, a customs duty of 30 percent and a value added tax of 20 percent of the vehicles’ customs value was in effect in Uzbekistan.

During the past three years, about 16,000 mini-trucks have been imported to the country, according to Uzbekistan’s State Customs Committee.

Some 95 percent of them have been imported from China and South Korea.

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