February 23rd, 2010
Ministry of Economic Development, Minpromtorg and the Ministry of Finance signed a joint order that would tighten import into Russia of accessories for the industrial assembly of automobiles and tractors. The corresponding order (N16018) on January 20 the Ministry of Justice registered the RF.
Order amends the procedure for defining the concept of “industrial assembly”.
now for a number of components imported into Russia in the “industrial assembly” cars set preferential tariff rate (from 0% to 5%). For the classification of imported goods legal persons can bring customs agreement on assembly concluded with the Ministry of Economic Development. According to the order, in addition to the agreement automakers will be required to bring a conclusion to Minpromtorg earmarking of imported parts.
Simultaneously
tightened reporting companies importing parts. In particular, they should be semi-annual report to the Ministry of Economic Development on the scale and capital investment (previously - once a year), per unit, as well as provide data on the number of defective components and their utilization. It also prescribes the algorithm with defective parts. For example, before recycling to every detail necessary to cause “mechanical failure”.
In the case of improper execution of a legal entity agreements on assembly of the preferential import customs regime of auto components suspended. Ministry of Economic Development within 10 days of sending in Minpromtorg and companies are notified, Minpromtorg decides to revoke the appointment of the conclusion of the destination of imported goods.
previously reported that the ministry plans to introduce clear and quantitative restrictions on imports of components in the RF. It was assumed that before the organization of welding and painting company may import at preferential tariffs for the production of parts not more than 20 thousand cars and no more than 5 thousand tractors, trucks or special vehicles.
In December 2009, deputy Minpromtorg Russia Stanislav Naumov said that the ministry is considering raising the question of duties on the import of auto components in industrial assembly. According to him, such action is necessary to stimulate the production of automotive components in Russia.
Mode “industrial assembly” was enacted in 2005 and provided preferential treatment for investors willing to create in Russia”s own production of automobiles. The relevant government decree to zero or reduced tariffs on the import of a number of components within the agreements, the companies with the Ministry entered into a period of 7 years (for existing facilities) or 8 years (to create).
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