Starting from the New Year, the goods imported from the European Union will be between 3 and 5% cheaper. Namely, application of the Transient Trade Agreement, which is in effect in Serbia since late January 2010, envisages lowering of the duties on import of goods from the European Union by certain percentage every year.
In that way, the procurement of automobiles of all types, if imported from the countries of the European Union, will be 2.5% cheaper in 2011, that is, the duty on import of vehicles from the EU will amount to 5% instead of current 7.5%.
After the New Year, the duty on import of tires for passenger cars will amount to 8% instead of current 12%. This, of course, applies only to the procurement of tires from the European Union, while the duty on import of tires from other countries still amounts to 20%. For trucks, the duty on import from the EU and the rest of the world today amounts to 4% and 10%, respectively. From the New Year, the duty on import of trucks from the EU will be not be charged.
The duty on import of mobile phones from the European Union, which currently amounts to 5%, will also not be charged after the New Year.
Import of “European” cosmetics will also be cheaper. The duty on import of that cosmetics now amounts to 9% and it will drop to 6% after the New Year. Similar will happen to the import of washing and cleaning products, while the duty on import of ceramic tiles from the EU will be lowered from current 12 to 8%. The estimates are, however, that ceramic tiles from China will stay in the highest demand in our country because, although the standard duty of 20% is paid for their import, they are still the most favorable choice thanks to its quality and price.
Based on the previous experience, these lower duties, as a consequence of the application of the Transient Trade Agreement with the EU, will introduce cheaper imported products to the market of Serbia.
Source Ekapija.com
