The OEMs in Russia will establish admission centres for used cars

The OEMs in Russia will establish admission centres for used cars

Vedomosti – The Russian Ministry of Industry and Commerce has asked the automotive companies who manufacture in Russia to submit the list of the admission centres they have arranged for the reception of used cars, until 31.10.2012. The manufacturers who fail to establish admission centres will be liable to pay renewal tax.

As one may remember, in accordance with the Renewal Tax Act, which came into force on 01.09.2012, while the importers pay renewal tax for the vehicles they bring into the country, the companies who manufacture within the country are liable to readmit the automobiles at the end of their life cycles, in order to recycle them to prevent environmental damage. It’s compulsory for the manufacturers to establish such centres in each 35 city with a population of over 500,000 people.

According to Vedomosti newspaper, Kamaz, Avtovaz, GAZ, Sollers, Renault, Toyota and Volkswagen have stated that they will submit these lists to the Ministry within the following days.