Arzuw NEWS - Turkmenistan news

From March 1 the list of goods subject to customs duties will be updated

В Turkmenistan, since March 1, 2020, a new list of goods subject to customs duties will take effect, Turkmenistan will have a new list of goods subject to customs duties on import/export from/to Turkmenistan starting from March 1, 2020. was signed by the head of state last Friday. The main purpose of the specified regulatory legal act - to protect the interests of Turkmen producers. The document is expected to improve the competitiveness of Turkmen products. products, optimize trade turnover and provide incentives to increase commodity production in Turkmenistan.

The decree approved:

  • a list of goods that will be subject to Customs duties when leaving the country, with an indication of the amount of these duties;
  • a list of goods that will be subject to customs duties upon entry into the country, with an indication of the amount of these duties.

The decree will come into force on March 1 of this year.

The State Customs Service and the Ministry of Finance of Turkmenistan together with the Ministry of Justice have been instructed to develop appropriate additions and amendments to the Turkmen legislation. A one-month deadline has been set for the development, after which the prepared proposals must be submitted to the Cabinet of Ministers of Turkmenistan for consideration and approval.

Source: turkmenistan.gov.tm

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