Excise tax on small truck imports introduced in Uzbekistan
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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