VATupdate
VAT

Share this post on

Increased Customs Duties on Flowers and Alcohol from Unfriendly Countries: Impact on Importers and Consumers

  • Russian government approved higher import duties for flowers and alcohol from unfriendly countries
  • Duty of 20% of customs value introduced for cut flowers and flower buds
  • Duty of 20% but at least three euros per 100% alcohol for various alcoholic drinks
  • Duty on wines increased to 25% but at least 2 dollars per liter
  • Rates will be in effect until December 31, 2024

Source: tass.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

Sponsors:

VAT news
VAT news

Advertisements: