Nearly 2,800 cars with foreign registration legalized in Ukraine under new rules – Fiscal Service

Customs of the State Fiscal Service (SFS) of Ukraine has cleared about 2,800 motor vehicles with foreign registration plates under new preferential rules.

"Citizens are most active in terms of customs clearance of their vehicles in Chernivtsi region (677 cars), Volyn region (604 cars), Kyiv region (414 cars), and Rivne region (202 cars)," the SFS press service said on December 14.

A total of UAH 187.1 million (US$6.7 million) had been channeled into the national budget since November 26, when the first vehicle with a foreign registration plate was legalized under new rules, it said.

In total, 575 vehicles with foreign registration plates have undergone customs clearance procedures worth UAH 38 million ($1.4 million) in the past day alone, the press service added.

Read alsoUkraine simplifies vehicle registration rules

As UNIAN reported earlier, on November 25, the laws of Ukraine on introducing amendments to the Tax and Customs Codes regarding the reduction of excise tax on passenger cars and increased control over the movement and use of cars with foreign registration plates came into force.

The legislation introduced basic excise rates depending on the type of the engine and its displacement.

Used cars that have already been imported without taxation before the introduction of said laws will be subject to a 0.5 coefficient to calculate the tax rate for customs clearance within 90 days after the laws become effective.

Owners of cars with foreign registration plates repeatedly held protests in Ukraine. They demanded that the government reduce the cost of customs clearance of their cars and stop putting pressure on them.