Importing Japanese Used Cars Into Mongolia
HOW MUCH IT WILL COST
TARIFF SCHEDULE FOR IMPORTED GOODS
All merchandise imported is subject to a value-added tax (VAT) of 13%, and a 5% import duty. Import duty does not apply to equipment and tools imported to Mongolia for hospitals.
Vehicles are subject to an additional excise tax (in addition to import duty and VAT):
Excise Tax Schedule For Automobiles (In $USD) | |||
Cylinder Capacity (cm3) |
Tax on cars used from 0 to 3 years |
Tax on cars used from 4 to 9 years |
Tax on cars used 10 years or more |
Up to 1500 | $500.00 | $1000.00 | $2000.00 |
1501-2500 | $1500.00 | $2000.00 | $3000.00 |
Over 2500 | $2000.00 | $2500.00 | $4000.00 |
Customs Declaration Fees:
- US$5 for basic declaration;
- US$8 for basic intensive and simplified customs declaration;
- US$5 for every additional declaration.
- Payment for the charged services are to be made in MNT at the US Dollar rate of the day.
Other Costs:
- Annual Vehicle Tax
- 2,000MNT to 100,000MNT depending on engine size and capacity.
- Annually, must be returned by Feb 15th of next year.
REQUIRED DOCUMENTS
DOCUMENTS REQUIRED BY MONGOLIAN CUSTOMS TO IMPORT GOODS
The following documents are required by Mongolian Customs:
- Contract for import
- License for import
- Cargo Manifest
- Bill of Lading
- Transportation Invoice (railway bill, road shipment bill, airfreight bill, and/or combined transportation bill)
- Merchandise Customs Declaration
- Declaration of Merchandise Value
- Proof of Insurance
- Commercial Invoice
- Payment Receipt
- Status on quality control of goods
- Packing List
- Certificate of Origin
- License from responsible agency
- Receipts of payment for related duties and taxes
WHAT MUST BE DONE
CUSTOMS CLEARING PROCEDURES TO IMPORT GOODS VIA RAILROAD
Goods are cleared based on a Customs Merchandise Declaration, which is filled out by the importer/exporter in Mongolian. The importer/exporter can use the service of broker companies such as MONGOLTRANS, TUUSHIN and IFFC, to prepare the Merchandise Customs Declaration.
The general steps to clear imported goods are shown below and should be followed in sequence:
- 1. Importer/ Exporter (I/E) obtains shipment documents from the Transport Dispatcher at the point of arrival of goods (UB Train Station, Toolkit Station or "Gurvaljin" container yard, etc.).
- An inspector at the Ulaanbaatar Railroad Customs makes sure that the packet of papers is complete and reviews shipment documents.
- I/E goes to one of the broker companies (MONGOLTRANS, TUUSHIN and IFFC) to prepare a Merchandise Customs Declaration.
- Payment of taxes and fees to the bank (located in the same building as the Ulaanbaatar Railroad Customs).
- I/E brings all collected documents to a goods clearance officer at the UB Railroad Customs and obtains a number for the Merchandise Customs Declaration.
- Importer/Exporter and Customs Inspector go to the container yard to inspect the goods.
- Goods are inspected and released.
LINKS FOR MONGOLIA
Ministry of Industry and Trade
Mongolia Embassy in Ottawa, Canada - Business Resources
Return to Asia