Changes of exchange rates and customs duties in budget

Mountain Messenger Work Customs expert told Mehr reporter about the types of customs rights in year 6: According to the clause D. Article 1 of the Customs Act is the customs duties of four percent (1 %) of the customs value of the goods, plus the commercial profits designated by the Cabinet, in addition to the funds responsible for its collection by law, and are not subject to definitive imports but do not include services.

He added: During the past few years, due to the increase in customs currency exchange rates from 4.3 Rials to 2.5 Rials, according to the legal authorities and the Islamic Consultative Assembly, some goods have declined from 2 % to one percent and two percent; For example, customs duties of medicine and raw materials and medical requirements, children's milk powder, basic commodities and agricultural livestock inputs were determined by one percent and customs duties of machinery and equipment, components, raw materials and intermediaries by 2 %. Even the value added tax of drugs, raw materials and medical requirements, pediatric milk powder, commodities and agricultural livestock inputs were also set by one percent.

Mountain Work He continued: Although the list of items covered by 2 % has not been announced this year; But accordingly, there are three classes of customs duties, including one percent, two percent and four percent per year.

Increased customs duties in budget

“But in the budget law of the year, the situation has varying, and in addition to two customs duties, one percent and two percent and four percent of other references have been implemented, which is interesting in its kind and has increased the customs duties from 2 floors to 4 floors,” he said.

The customs expert added: These salaries include Customs of Drugs and Raw Materials and Medical Supplies, Children's Milk, Basin and Agricultural Animal Inputs, Customs of Machinery and Production Equipment, Components, Raw Materials and 2 %, Customs Customs Import of Foreign Phone at a price of between 2 and 5 euros, € 5 %, customs duties more than $ 5 %. According to the clause D. Article 1 of the Customs Act by 2 % It becomes.

He said: It should be noted that after the added commercial profits (by the government) to the percentage, the amount of entry rights of the goods will be determined.

Mountain Work He continued: Currently, passenger car is the only commodity whose entry rights are specified for year 2.

Two exchange rates based on customs calculations of the year

He also added: In year 2, two exchange rates will be based on customs calculations, including the exchange rate calculation of drug and raw materials and medical supplies, children's milk powder based on the preferential rate and exchange rate based on the exchange rate based on the average exchange rate in March; Rial).

According to the customs expert, it seems that next year, in addition to changing the exchange rate and customs duties, the commercial profits of some goods will be changed to reduce the government.

Mountain Work He added that the next year for the value added tax of drugs and raw materials and medical supplies, the baby's milk powder has not been decided in the budget law.

He said that this year's VAT law of these commodities was one percent and if it was less (exemption) it would have been the same. So it seems that the government and parliament have to make decisions in terms of its inflationary effects.