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The duty on magnetrons dropped to "0"


The duty on magnetrons dropped to "0"

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From November 4, 2020, a zero customs duty rate for magnetrons is introduced, in accordance with the Decision of the Board of the Eurasian Economic Commission dated September 29, 2020 No. 119. Previously, the customs duty rate for these products was 8%.

It should be noted that this measure is temporary and will only be valid until 2024. In addition, the zero rate of customs duty will only apply to products used as components for microwave ovens classified under the EAEU TN VED code 8540 71 000 1.

Obviously, this change is aimed at stimulating domestic production in the EAEU countries.

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