The Eurasian Economic Commission's Council has extended until December 31, 2025 the tariff exemption in the form of customs duty exemption in respect of electric vehicles imported into the Eurasian Economic Union countries in limited quantities.
The customs exemption is granted only to citizens who are permanently resident in the Republic of Armenia, the Republic of Belarus, the Republic of Kazakhstan and the Kyrgyz Republic. Along with that, the rights of possession, use and disposal of electric vehicles may not be transferred to persons who have the nationality and (or) permanent residence in the Russian Federation.
"As expected, extending the tariff exemption along with other measures aimed at encouraging the demand for and manufacture of electric vehicles and developing a network of charging stations will contribute to a wider distribution of such vehicles," noted Andrey Slepnev, EEC Minister in charge of Trade.
For reference
The rate of the CCT EAEU import customs duty in respect of electric vehicles is 15% of the customs value. In accordance with Decision No. 29 of the EEC Council dated March 16, 2020, a duty of 0% was applied from May 4, 2020 through December 31, 2021. And in accordance with Paragraph 7.1.38 of Decision No. 130 of the Customs Union Commission dated November 27, 2009, a tariff exemption was granted in the form of customs duty exemption in respect of electric vehicles imported into the EAEU countries in limited quantities, for a period until December 31, 2023.
