“Vedomosti”: the utilization fee on cars could rise by 15% in 2018

MOSCOW, September 21. /TASS/. The Ministry of Finance laid in the draft budget the indexation of the recycling fee on vehicles manufactured in Russia and foreign cars. On Thursday the newspaper “Vedomosti” with reference to the explanatory note to the draft Federal budget for 2018 to 2020.

As says the publication, which has reviewed the note, the fee may be increased by 15% from 1 January 2018 that will budget more than 28 billion rubles for the year. The total income from the utilization fee in 2018 will increase to 58.4 billion rubles – to 223.4 m billion, in 2019, is already to of 259.8 billion. These numbers, follows from the explanatory notes, take into account the forecast of growth of production and import of cars and the introduction in 2019 of the collection of the means of production heavy and power engineering on an ad valorem (calculated in the form of a fixed percentage of the cost) rate of 7%.

The government on September 18 approved developed by the Ministry of Finance the draft budget for 2018-2020. However, on 20 September, Prime Minister Dmitry Medvedev instructed the Ministry of Finance and Ministry of economic development until September 22 to finalize the draft for later inclusion in the state Duma.

“Vedomosti” remind us that recycling collection has already been indexed in 2016 by 65% because of the weakening of the ruble. The representative of the Ministry of economic development told the publication that the Agency opposed the new index, but did not say why the position of the Ministry. The Ministry of industry and trade and the Ministry of Finance reviews the newspaper did not provide.

The recycling fee is paid by the producers as importing cars to Russia and localized in Russia. While initially local and localized producers did not pay a recycling fee with undertaking self-scrapping.

However, Russia’s accession to the WTO has obliged the Russian authorities to equalize manufacturers in the Russian market, which led to the fact that all of the company assumed the obligation to pay utilsbora. This fee is a guarantee that the car after the end of their useful life will be disposed of. The base rate for passenger cars is 20 thousand rubles for trucks and buses – 150 thousand roubles.