You are using an outdated browser and your browsing experience will not be optimal. Please update to the latest version of Microsoft Edge, Google Chrome or Mozilla Firefox. Install Microsoft Edge

June 14, 2023

Myanmar Reduces Customs Duty on Vehicles Imported for Assembly

Subscribe to Updates

Myanmar’s Customs Department issued an internal order reducing customs duty on imports of semi-knocked-down (SKD) and completely knocked-down (CKD) vehicle systems effective for the period of June 1, 2023, to May 31, 2024. The order follows Ministry of Planning and Finance (MOPF) Notification 37/2023, which reduced customs duty on SKD and CKD vehicles and repealed the similar MOPF notifications issued in 2020 and 2021.

The order announced the following new customs duty rates for SKD systems:

  • Passenger vehicles: 5% (reduced from 7.5%)
  • Motorcycles: 1.5% (reduced from 3%)
  • Three-wheeled motorcycles: 3% (reduced from 7.5%)
  • Buses: 3% (reduced from 7.5%)
  • Trucks and trucks for body building: 3% (reduced from 7.5%)

The customs duty rates for CKD systems have been set as follows:

  • Passenger vehicles: 3% (reduced from 5%)
  • Motorcycles: 1.5% (reduced from 3%)
  • Three-wheeled motorcycles for transportation of passengers: 1.5% (reduced from 5%)
  • Three-wheeled motorcycles for transportation of goods: 3% (reduced from 5%)
  • Buses: 3% (reduced from 5%)
  • Trucks and trucks for body building: 3% (reduced from 5%)

The September 2021 suspension of permits for the import of new completely built-up (CBU) vehicles from abroad is unlikely to be impacted by the announcement.

For more details on these customs duty reductions, or on any aspect of Myanmar’s regulations surrounding international trade, please contact Tilleke & Gibbins at [email protected].

Related Professionals

Practices

Customs and International Trade

Location

RELATED INSIGHTS​ 

August 23, 2017
The relationship between intellectual property (IP) rights and competition law and policy in Thailand is usually complicated, as sometimes IP and its exclusive rights, which were originally conceived to invigorate competition through creativity and technology, can be so formidable that they are abused to suppress any competition.
Read More
July 13, 2017
Thailand’s new Trade Competition Act B.E. 2560 (2017) (TCA) was published in the Government Gazette  on July 7 and will come into force 90 days later on October 5. The new TCA will likely lead to many significant changes, including expanding the powers of the Office of Trade Competition Commission (OTCC) and making the OTCC independent from the government. Other important provisions in the new TCA are set out below.Defining market-dominant business operator
Read More
May 31, 2017
Thailand implemented its main competition law, the Trade Competition Act (TCA) B.E. 2542 in 1999, and was the first country to do so in the ASEAN region. The 1999 TCA focused primarily on prevention of unfair trade practices, and restricted the formation of cartels and the conducting of monopolistic trade activities. However, over the course of the past 18 years, no prosecution has ever been brought against any business operator who breached the TCA, and therefore, enforcement of the TCA is renowned for being lacking, ineffective, and impractical.
Read More
May 5, 2017
As part of its membership in Lex Mundi, Tilleke & Gibbins has published an updated edition of its Guide to Doing Business in Thailand for 2019.This guide offers a broad introduction to all of the key factors for starting and operating a business in the Thai market. Issues covered include:
Read More