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Over 100 000 previously-owned vehicles imported to Kazakhstan since the start of the year

22 june 2011, 16:01
0
Photo courtesy of mk.ru
Photo courtesy of mk.ru
Over 100 000 previously-owned vehicles have been imported to Kazakhstan from the beginning of the year, Vice Minister of Finance Ruslan Dalenov wrote in his Twitter account.

Starting from July 1, 2011 customs duties on foreign vehicles imported to Kazakhstani will be levied in accordance with duty rates accepted in the Customs Union of Kazakhstan, Russia and Belarus.

“The Customs Committee will do everything possible to have all the cars arriving at the Kazakhstan’s border before July 1 cleared at the mild rate currently in effect”, Finance Minister Bolat Zhamishev told journalists June 20.
According to the Minister, given the international agreements signed by Kazakhstan with its Customs Union partners, the Government cannot extend the “old” duty rate validity period.

Starting from July 1, 2011 customs duties on foreign vehicles imported to Kazakhstani will be levied in accordance with duty rates accepted in the Customs Union of Kazakhstan, Russia and Belarus.

For previously-owned vehicles of 5 years old and older, the duty rate will be Euro 4 per cubic centimeter for engines of 1800-3000 cubic centimeters. Consequently, customs duty on an engine of 3000 cubic centimeters will make up Euro 12 000, with VAT standing at 12%.

For cars of 5 years old and older with an engine of over 3000 cubic centimeters, the duty rate will stand at Euro 5.8 per cubic centimeter. Consequently, customs duty on an engine of 4000 cubic centimeters will make up Euro 23 000, with VAT standing at 12%.

Before July 1, customs duties made up Euro 0.35-0.6 per cubic centimeters, depending on the engine.

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