Full details of import of used cars

A few days ago, it was approved that importers can import used cars. Read on for the full details of used car imports.

A few days ago, the House of Represeatives approved the plan to import used cars during a public meeting. Now the new conditions for the import of the meioned cars have been announced and should be taken io consideration by the importers. The complete details of importing used cars include obtaining various permits and approvals, which we will discuss further.

Full details of import of used cars

In the first place, for the import of used cars, it is necessary to register an order with the Ministry of Industry, Mining and Trade and get the releva license. Among the other licenses that importers must obtain, we can meion the standard and environme and then the approval of the ceral bank.

Used cars are foreign cars that have been manufactured for at least five years. According to the resolution published by Baharestanis on June 28 of this year, the following items will be added to the Automobile Industry Organization Law approved in 1400 and its subseque amendmes.

Article 11 of this decree states that in order to regulate the car market, the import of used cars is allowed. In Note 1 of this article, it is meioned that for the import of second-hand cars, the transfer of technology subject to paragraph (2) and also paragraph (3) of Article 4 of this law will not be required. Also, based on note (2):

The executive regulations of this article include matters such as how to provide the required currency and support domestic production, the technical standards of these cars (less than 5 years old at the time of eering the customs) and how to verify them and the conditions of importation by natural and legal persons to The proposal of the Ministry of Industry, Mining and Trade in cooperation with the Ceral Bank of the Islamic Republic of Iran, the Customs of the Islamic Republic of Iran, the Environmeal Protection Organization and the National Standards Organization of Iran will be prepared and approved by the Council of Ministers within a moh after the law comes io force. The Ministry of Industry, Mining and Trade is obliged to send the report on the performance of this article every 6 mohs to the Industries Commission and the Deputy of the Islamic Council.

Also, in Article 12 of the aforemeioned law, regarding the note (6) of the single article of the law, the calculation and collection of customs import duties, commercial profit, and taxes on all types of imported vehicles and road construction machinery and their iernal construction and parts have been amended, and note (8) of the single article of the law It is deleted as follows:

According to note (6), the value of road construction machinery and vehicles that are allowed to eer the coury (both new and used), every year after reviewing the available documes, including the price of the manufacturing companies or the price of the main dealers in third couries Or the market price (in the case of used machines and cars) will be determined by the Ministry of Industry, Mines and Trade in coordination with the customs of the Islamic Republic of Iran and will be the basis for calculating customs duties and taxes.

It is also meioned in Article 13 that the use of the national standards of the coury or the standards of the coury of origin for the imported cars subject to this law is possible with the approval of the National Standards Organization of Iran and the Environmeal Protection Organization. But what are the rules for importing used cars?

Second-hand import regulations

The first thing that attracts atteion in the approval of the import of used cars is the import through natural and legal eities. According to what is stated in the Executive Regulations, the method of securing the required foreign currency and the issue of supporting domestic production, the technical standards of cars and their certification, as well as the conditions of importation by natural and legal persons and determining their qualifications, should be cooperated with the Ceral Bank, Customs and the Organization for the Protection of The environme and the national standard organization should be determined.

Two conditions were removed from the used car import bill in the parliame, the first one was related to the agency condition and the second one was technology transfer. At prese, the import of used cars must be for production cars under 5 years of construction and must obtain the approval of the standards and environme organization.

According to what is stated in the resolution, the valuation of imported machines will be determined by the Ministry of Industry, Mines and Trade and Customs based on available documes such as the price of the manufacturing companies or the price of the main agencies in third couries or the market price.

Details of ery fees for cars

Car ery fees this year depend on the size of the engine and the type of fuel, as well as the driving force. For example, the ery fees for gasoline cars will be as follows:

• Gasoline less than 1000 cc (20%)
• Gasoline 1001 to 1500 cc (70%)
• Gasoline 1501 to 2000 cc (95 perce)
• Gasoline 2001 to 2500 cc (135%)
• Gasoline 2501 to 3000 cc (165%)
• Gasoline above 3000 cc (175%)

Also, the customs fees for importing used cars are:

• 9% value added tax on imported goods
• One perce of the ery fee as the Red Cresce fee
• Residual duties are half per thousand of the customs value of imported goods
• Import duties for petrol and hybrid cars amouing to 10% of the customs value
• Rial import duties for minibuses, buses, trucks, trailers, and rides
• Passenger car import duties amouing to 5% of FOB value
• 2% tax on accou for individuals who do not have a business card