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. Last Updated: 07/27/2016

Electronics Import Duties to Change

The method used to calculate duties on electronic goods is set to change, Maxim Kryukov, the vice president of general affairs with the Association of Trade Companies and Manufacturers of Electronic and Computer Technology, or RATEK, said last week.

The State Customs Committee is to issue an instruction under which duties on audio and video goods as well as domestic appliances and computer equipment are to be determined on the basis of the price indicated in accompanying documentation issued by the manufacturer to the importer, Kryukov said.

At present, duties on such items are calculated based on a value fixed by the committee for each category of goods.

RATEK president Alexander Plyatsevy said the order would ease the workload of electronic equipment importers, who he said are now required to "over-pay" at customs. For example, to work out the customs duty on printers, the committee makes its calculation based on a value of $80, when the realistic price of many models is half this amount.