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Announcement Regarding Electric Motor Vehicles: State Revenue Committee
The Eurasian Economic Commission's Council decision N 134, dated November 24, 2023, has established a quota for the import of electric motor vehicles classified under HS code 8703 80 000 2 with a 0% import duty for the year 2025, amounting to 8,000 vehicles. This was reported by the State Revenue Committee on their Facebook page.
According to the Armenian government decision N 1876-N, dated November 28, 2024, the distribution is made as follows:
- Subject entities that import vehicles under a dealer-distributor agreement with auto manufacturers may process up to 3,000 vehicles with import duty exemption.
- Entities that do not fall under the first point, including individuals, may import up to 5,000 vehicles.
The Committee reports that as of February 27, 2025, a total of:
- 432 vehicles or 14.4% of the allocated quota (3,000 vehicles) were processed by subject entities under the dealer-distributor agreements.
- 4,718 vehicles or approximately 94.4% of the second quota (5,000 vehicles) were processed by entities not mentioned in the first point.
This was mentioned in the announcement.