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Depending on vehicle type and engine capacity, a 15-95% import tariff has been levied on vehicles.
Depending on vehicle type and engine capacity, a 15-95% import tariff has been levied on vehicles.
Tuesday, March 06, 2018

Auto Import Costs Outlined

The cost of importing vehicles into Iran is exorbitant, because many state entities demand a share of the lucrative business
In addition to custom duties, car importers are required to pay over 33% of the vehicle’s value in different taxes
Tuesday, March 06, 2018

Auto Import Costs Outlined

The costs of bringing vehicles into Iran are not limited to the customs tariffs, the Islamic Republic of Iran Customs Administration’s list of cost breakdown showed.
During the closing days of 2017, the government of President Hassan Rouhani updated the auto import rules, increasing tariffs by 80-1,200%. Depending on vehicle type and engine capacity, a 15-95% import tariff has been levied on vehicles, but the total is not limited to the exorbitant tariffs.
As per the recent guidelines issued by IRICA, auto importers are required to pay a 9% value added tax and a 4% pre-tax.
In addition, a 5% “special tariff” is also extracted based on each vehicle’s FOB (free on board) costs. 
FOB is a trade term requiring the seller to deliver goods on board a vessel designated by the buyer. The seller fulfills its obligations to deliver when the goods have passed over the ship’s rail.

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03/06/2018
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