Tajikistan reduces customs duty on import of golden, silver jewelry

Tajikistan reduces customs duty on import of golden, silver jewelry

By Kamila Aliyeva Tajikistan reduced the customs duty on the import of jewelry from gold and silver. Henceforth, importers of jewelry instead of VAT and duties will pay a single special export and import duty. For example, the duty for one gram of gold products is 18 somoni, and for one gram of silver products – 3.6 somoni, Central Asian media outlets reported. Until recently, the volume of taxes and duties amounted to 42 percent of the total value of imported products from gold and silver. At the last session of the lower chamber of the Tajik parliament, held on May 25, the MPs unanimously supported these amendments to the Customs Code of the country. The measures taken are aimed at stopping the smuggling of jewelry into the country, as well as supporting local producers of gold and silver products. “The adopted amendments to the Customs Code allowed reducing the customs duty on the import of gold . Source

Popular products near you

Popular Posts

Freeform Boulder Opal pair featuring Peacock Green and Blue colours set in 18k white gold ...

Freeform Boulder Opal pair featuring Peacock Green and Blue colours set in 18k white gold earrings w...

read more

Shop Alexis Bittar Crystal Embellished Bangle Bracelet In Mint/Silver - SeekFab

Shop Alexis Bittar Crystal Embellished Bangle Bracelet In Mint/Silver Alexis Bittar Cr...

read more

The Designer Behind The New Louis Vuitton B.Blossom Jewellery Collection

Much like Rihanna's new Fenty fashion line, Louis Vuitton's latest fine jewellery collection, B.Blos...

read more

Hamilton Jewelers Princeton Watch Fair With aBlogtoWatch Event Recap

On June 4th, 2018 aBlogtoWatch had the pleasure of being guests of Hamilton Jewelers in Princeto...

read more

Subscribe to our Newsletter

Get the best news about jewelry and watch industries, products and services