Cars for ASEM will be exempt from taxes - News.MN

Cars for ASEM will be exempt from taxes

Old News! Published on: 2016.01.28

Cars for ASEM will be exempt from taxes

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The ASEM conference will be held on 15th-16th July in Ulaanbaatar. Approximately, 3500-4000 international representatives will visit Mongolia together with with other guests and journalists. The planners consider that between 320 and 350 cars will be required for ASEM.

The ASEM preperation team is working to establish contracts with private sector cars importers and to use their cars for the event. Due to this contract, the cars will be used without tuition. Subsequently, the Government has presented a draft bill to Parliament proposing exemptions on customs duties and taxes (including VAT). Along with the cars, other imported items for ASEM such as equipment for the airport, border control and hotels will also be exempted from taxes. 

 

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