Time of supply of imported cars in commodity exchange – Tejaratnews

According to Tejarat News, the commercial profit of cars whose FOB price is less than 10,000 euros and whose engine volume is less than 1200 cc has been set at 6%. They brought their imported cars to the back door of the commodity exchange.

Car import business profit

In a letter, customs also announced the commercial profit of imported cars. This section letter was prepared and communicated by the customs based on the Cabinet of Ministers’ circular regarding the changes and modification of commercial profit, the letter of the Minister of Industry, Mining and Trade and the economic working group of car importation of commercial profit on account.

Previously, there were news about the letter of the Minister of Silence and the resolution of the Economic Working Group on Car Import about commercial profit, but because this news was not confirmed, it created doubts.

But the customs notification somehow confirmed the previously published news so that the commercial profit of cars is determined between 6% and 31% based on the engine volume.

Of course, in addition to the size of the engine, the FOB price of imported cars also affects the percentage of their commercial profit in the new round of car imports. This amount of commercial profit has been found to have decreased significantly compared to the past. This issue shows that the automobile policymaker in the 13th government is determined to facilitate the entry of automobiles into the country.

What percentage is the commercial profit of 10,000 euro cars?

Based on this, the commercial profit of cars whose FOB price is less than 10,000 euros and whose engine volume is less than 1200 cc has been set at 6%.

If the cars are imported with the same price range and their engine volume is more than 1200 cc, the commercial profit considered for them will be 11%.

But if the price of imported cars is in the range of 10,000 to 20,000 euros and their engine size is up to 1500 cc, the commercial profit of these types of cars is declared as 21%, and if the FOB price of imported cars is in the mentioned range, but their engine size is more than 1500 cc to 2000 cc, their commercial profit was determined to be 31%.

Profitability table of imported cars

In the continuation of this circular, it is stated that “the items listed in the above table are used as the basis for determining the profitability of the related and corresponding tariff lines of the tariff tables attached to the executive regulations of the export and import regulations of 1401 instead of the basis of profitability. Regarding other cars not related to the above table (such as passenger cars, hybrid electric cars or with an engine volume of 2000 cc and above, etc.) and the corresponding clauses in the book of export and import regulations of 1401 will be the basis for determining commercial profit on account.

In addition, considering that the application of the commercial profit sources in the above table (due to the placement of two or more commercial profit sources in the same tariff line) is not possible in the comprehensive customs system, it is necessary to implement the commercial profit sources in the above table, please order the relevant difference In house (049) of declaration (house of exemptions and discounts) in the option “exemption” or “other” should be applied.

According to the notification of the customs, imported cars can calculate their commercial profit according to the division and prepare themselves to appear on the customs board.