The Minster of Finance (MoF) with a view to providing the necessary incentives to drive expansion and growth in the motor vehicle component sector has reduced import duties to 0% for the raw materials required to produce these components domestically. Ministerial RegulationNo. 34/PMK.011/2007was issued on 3 April 2007 and comes into force 30 days after this date. The Regulation will be in force for 12 months from the date that it comes into force.
Import Duties for Raw Materials Reduced to 0% - Motor Vehicle Components
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