Economy, Domestic Economy
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Iran Raises Cosmetics Import Tariff to 26%

IRICA Raises Cosmetics Import Tariff to 26% IRICA Raises Cosmetics Import Tariff to 26%

Import tariff on cosmetics will now rise by 10% to reach 26%, as per the new directive notified to the Islamic Republic of Iran Customs Administration by Ali Maqouli, the director of Center for Imports and Free Trade Zones Affairs of IRICA. 
According to Alliance Experts, the Netherlands-based business development group specialized in import and export, Iran is expected to be the fastest growing region during the next eight years as the number of potential customers (women above 15 years) is increasing year-on-year, Mehr News Agency reported.

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