The customs legislation of the Customs Union of Russia, Belarus and Kazakhstan undergoes frequent changes, which include the regulation regarding import of aircraft.
Upon import, the aircraft are subject to customs clearance and payment of customs duties and taxes. Import duty rates with regard to the aircraft vary from 0% to 19.3% depending on the particular aircraft.
Under the WTO arrangements, Russia took on the obligations to decrease import duty rates with respect to the majority of goods, including aircraft. According to such obligations, the import duty rates will be decreased within the transition period on average from 18% to 10% by 2019.
Additionally, current customs legislation provides for customs duty exemption for the particular aircraft temporary imported into the Customs Union of Russia, Belarus and Kazakhstan (CU) provided certain requirements are met.
In 2014, the range of aircraft subject to such exemption was extended, in particular with respect to:
Currently, an additional exemption is being considered by the Customs Union regulatory authority –The Eurasian Economic Commission with respect to the following aircraft and their parts:
KPMG will keep you updated regarding any further changes in this area and shall assist in any related matters.