Business news from Ukraine

FISCAL SERVICE: IMPORT OF NEW CARS TO UKRAINE 28% UP IN 2017

9 February , 2018  

Ukraine in 2017 imported 80,500 new cars, from which UAH 15.8 billion of customs fees were paid, whereas in 2016 the number of customs clearance cases amounted to 63,000 cars with the payment of UAH 12.4 billion, the State Fiscal Service has reported.
At the same time, imports of used cars were 72,900 vehicles with the payment of UAH 5.5 billion of customs fees, in particular at reduced excise tax rates 69,500 units with the payment of UAH 5.1 billion. In 2016 the country imported 23,800 used cars, including 15,100 cars at preferential rates, for which UAH 2.4 billion of customs fees were paid (including UAH 1.2 billion at reduced rates).
As reported, the law allowing individuals to import one used car a year at significantly reduced excise tax rates has been valid in Ukraine since August 2016