The Ministry of Finance proposed to halve the threshold for duty-free import of parcels in Russia
From July 1 to 2018, the threshold for the duty-free import of parcels to Russia can be set at € 500 per person per month. And from January 2019 of the year it is proposed to lower it to € 200, - follows from the draft government decree. The measure is aimed at supporting Russian manufacturers. However, market participants consider it weak.
In the draft government decree “On the establishment of value, weight and (or) quantitative standards, within which goods for personal use are imported into the customs territory of the Eurasian Economic Union without paying customs duties and taxes,” it is proposed to leave the weight rate at 31 kg, and duty-free the cost threshold should be reduced in two stages. The size of the fee in the project is not specified.
At present, in Russia it is possible to obtain without paying a parcel duty of up to € 1 thousand and weighing up to 31 kg per month, if these values are exceeded, the duty is 30%.
According to participants in the Russian shoe market, this measure is designed to provide support to Russian manufacturers, protecting them from competition from Western companies, is a positive, but very timid step in this direction.
“The Finance Ministry's plans to reduce the threshold for duty-free import of parcels from 1000 euros to 500 is an important step towards protecting the domestic market, but a very timid step so far,” says Andrei Pavlov, president and founder of Zenden Group. - In the face of sanctions and the declared economic war on Russia, we must be more decisive. For example, in Europe, the threshold for duty-free import of goods is 22 euros. We see how neighbors and Western colleagues in every possible way protect their market, helping their own manufacturer to dominate it, and at the same time willingly open their borders. I believe that domestic goods should occupy a significant share in the domestic market of Russia, just as it happens in other countries. "
From July 1 to 2018, the threshold for the duty-free import of parcels to Russia can be set at € 500 per person per month. And from January 2019 of the year it is proposed to lower it to € 200, - it follows from ...
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