Latest News

Zero Import Duty for Artificial Viscose Fabrics

Import customs duties for certain types of artificial viscose fabrics are to be temporarily set as 0% (currently – 5%), from 1 July 2013 until 30 June 2014.

The relevant product code (according to the Products’ Customs Code – TN VED TS) is 5504 10 000 0.

Revised List of Equipment the Import of Which into Russia is Exempt from VAT

Exporters of certain types of technical equipment to Russia are exempt from the requirement to pay VAT for importing this equipment to Russia, provided that such equipment is included into the list of equipment that has no Russia-manufactured equivalents. This list was originally adopted by Decree No. 372 of 30 April 2009.

Customs duties for certain television equipment are to be raised

Draft decision of the EuroAsian Economic Commission proposed to increase import customs duties for up to 16% for certain types of television equipment. The new customs duty will apply to all equipment which includes video-recording or video-display equipment with liquid crystal or plasma screen.

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