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In our newsletter, you will
find the latest news and comments on legal and
trade-related developments in various areas of Iranian
commercial and financial law and practice.
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Contents |
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Inflation Rate in June
2012 touches 22.4%
Iran and Slovenia
Agreement on Avoidance of Double Taxation to Take Effect
Iran Joins Hague Convention
Abolishing Requirement of Legalization for Foreign
Public Documents
Iran Signs Bilateral Agreements on
Commerce, Customs, Taxes
Permission Required for Export of
Imported Goods
Iran and Russia to protect Plants
Tariff
Exemption for Imports from Syria
Government to Private Change in
Ownership Does not Nullify Contracting Tax Exemption
Origin of Manufacturing No Longer
Condition for Import of Cars
Reduction of CBT of the Goods
Imported to Mainland from Free Zones
Six-month Deadline for Procurement
of Medicinal Raw Materials from Domestic Sources
Tracing Code a Must for Clearing
Imported Goods
Presentation of Quality
Certificate for Entry of Chinese Goods into Iran
Low Quality Goods Denied Entry
into Iran
Amendments of Compulsory Standard
for Production and Import of Drinking Water
Decree of the Central Bank on the
Rules Relating to Participation of Foreign Nationals in
Capitalization of Banks
Reduction of CBT for Imports to
Mainland through Free Zones
Allocation of Foreign Currencies
to Passengers Decreased
Reward for Attraction of Foreign
Investment into Iran
High Levy for Export of Eggs
Cancellation
of CBT for Individual Cigarettes
Price List of Chinese Shandong
Foton Road Construction Machinery for Year 2011
Import of Second Hand Plane Spare
Parts Allowed
Iran Joins the Council for Rail
Transport of CIS States
New Ministries Created out of
Merger
Double Tax Avoidance Agreement
between Iran and Jordan now Effective
CBI to Allow Branches of Foreign
Banks to Set Forex Interest Rate
Conditions for Import of
Pharmaceuticals and raw material from Japan
Countries Authorized for exporting
Drugs to Iran
Iran and India Agree on
Extradition of Criminals
Technical Criteria for Import of
Electric Home Appliances with 220 Volts
Double Tax Avoidance Agreement of
Iran and Kuwait in Effect
List of Cars and Public Vehicles
Importable until 22 September 2011
Import of Cars Permitted
Import Duty for Tractors
Iran and Turkey Pen Agreement on
Combating Drugs, Organized Crime
Export and Import Regulations for
Year 1390 (21 March 2011- 19 March 2012)
Iran Joins Kyoto Customs
Convention
Ministry of Health Conditions
Import of Drugs from Japan
New Tariffs for Import of Certain
Products and Goods
Commercial Benefit Tax for
Importing Eggs Eliminated
Import of Tomato and Spinach
Powder from China Subject to Quarantine
Foreign Exchange Allocation for
Border Residents for the First Six Months of the Year
Iran and Afghanistan Agree to Extradition of Criminals
Imported Goods Bearing Offensive Markings Cannot be
Cleared
Iran and Indonesia
Agreement on Double Taxation Avoidance Now Effective
Agreement for Cooperation in
Civil, Commercial and Criminal Affairs signed among
Iran, Turkey and UAE
Diapers for elderly banned for
import due to packaging pictures
Using Irancode Obligatory for Importers
Double Taxation Avoidance
Agreement between Qatar and Iran Implemented
Dealers Allowed Transfer of Forex
by Foreign Investors
Mixed Customs Declaration of
Imported Furniture and Wood Products from Turkey not
Allowed
Clearance of Industrial Goods not
Subject to Obligatory Standardization Permitted
Bogus Brands to Be Identified
Customs Decree on Export to Iraq
Obligation of Inserting the Retail
Price on Imported Goods
Central Bank Announces Inflation
at 8.9%
All Imported Goods Now Subject to
Government Pricing
Limitation on Travelers' Import of
Cigarettes
Rial Letters of Credit for Imports
via FTZs Special Economic Zones
CBI Empowers Iran Credit Rating
Company
Black Tea Subject to Compulsory
Standards
Import of 170 Low Quality Goods
Banned
Iran Customs Decree on
Evaluation of Goods Imported under Different Foreign
Exchange Methods
Price List for Imported Mercedes
Benz Cars
Import of Certain Drugs and
Medical Treatment Consumables Exempt from Value Added
Tax
No Limitation for Foreign
Investors in Accessing Foreign Exchange Reserve Account
Iran's Market Closed to Countries
Enforcing Sanctions
Iran Announces Establishment of
Customs Union among Russia, Belarus and Kazakhstan
Iran and Qatar Sign Extradition
Agreements
Iranian
List of Specialized
Customhouses for Import of Goods
Black Tea Subject to
Standardization
Effectiveness of Double Tax
Avoidance Agreement between Iran and the Republic of
Azerbaijan
The Law of Utilization of
Facilities of the Foreign Exchange Reserve Account for
Rail and Public Transport in Cities
Import of Tobacco Products without
Health Warning and Holograms Prohibited
National Budget of 1389 (21 March
2010-20 March 2011) on Finance, Investment and Imports
Inclusion of the Name of the
Country of Manufacture a Must for Imported Goods
Foreign Investors Free to Use
their Names for Corporations in Iran
Refinance for Import of Certain
Finished Products Banned
The
Bill for Subsidy Targeting Ready for President’s
Implementation
Iranian Government Bans Purchase
of Certain Foreign Goods
Implementation of Increased Rice
Tariff Extended
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11
July 2012 |
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Inflation Rate in
June 2012 touches 22.4% |
Nourlaw.com (11 July 2012) -- According to a recent
report released by the Statistics Department of the
Central Bank of Iran (CBI), the rate of inflation in
the 12 months ending Khordad 1391 (21 May-20 June
2012) in comparison to the same period last year,
was 22.4%.
The year used as the basis for calculation of the
inflation rate is the Iranian calendar year 1383
(March 2004-March 2005 ).
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4
July 2012 |
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Iran and Slovenia Agreement on Avoidance of Double
Taxation to Take Effect |
Nourlaw.com (4 July 2012) -- The Law of Agreement on
Avoidance of Double Taxation and Tax Evasion
Respecting Revenue and Capital Taxes, concluded by
Iran and Slovenia, was published in the Official
Gazette dated 3 July 2012 and shall become effective
after 15 days.
The law was ratified on 31/2/1391 (20 May 2012) by
the Iranian parliament and prohibits acquiring of
illegitimate revenues such as usury and sets
observance of Article 139 of the Constitution
(conditions of arbitration with regard to public and
governmental assets) for implementation of the
Agreement.
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6
June 2012 |
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Iran Joins Hague Convention Abolishing Requirement
of Legalization for Foreign Public Documents |
Nourlaw.com (6 June 2012) -- The Iranian president
sent Iran’s law of accession to the Hague Convention
Abolishing the Requirement of Legalization for
Foreign Public Documents concluded 5 October 1961,
for implementation. The law was initially passed by
Iranian parliament on 29 Farvardin 1391 (17 April
2012).
According to Article 1 of the Convention it shall
apply to public documents which have been executed
in the territory of one contracting state and which
have to be produced in the territory of another
contracting state. The following are deemed to be
public documents: documents emanating from an
authority or an official connected with the courts
or tribunals of the state, including those emanating
from a public prosecutor, a clerk of a court or a
process-server ("huissier de justice");
administrative documents; notary acts; official
certificates which are placed on documents signed by
persons in their private capacity, such as
certificates recording the registration of a
document or confirming the fact that it was in
existence on a certain date plus official and notary
authentications of signatures. However, the
Convention shall not apply to documents executed by
diplomatic or consular agents, and administrative
documents dealing directly with commercial or
customs operations.
According to Article 2 of the Convention, “Each
Contracting State shall exempt from legalization
documents to which the present Convention applies
and which have to be produced in its territory. For
the purposes of the present Convention, legalization
means only the formality by which the diplomatic or
consular agents of the country in which the document
has to be produced certify the authenticity of the
signature, the capacity in which the person signing
the document has acted and, where appropriate, the
identity of the seal or stamp which it bears”.
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16
May 2012 |
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Iran Signs Bilateral Agreements on Commerce,
Customs, Taxes |
Nourlaw.com (16 May 2012) -- The Iranian state has
proceeded with the implementation of the following
agreements:
The Law of Mutual Promotion and Protection of
Investment with Guinea Bissau, approved by the
parliament on 15/1/1351 (3 April 2012)
The Law of Mutual Assistance and Cooperation on
Customs Matters with China approved by the
parliament on 15/1/1351 (3 April 2012)
The Law of Mutual Assistance on Customs with South
Africa approved by the parliament on 20/1/1351 (8
April 2012)
The Law of Avoidance of Double Taxation and Tax
Evasion Respecting Revenue Taxes with Senegal,
approved by the parliament on 23/1/1391 (11 April
2012)
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14 April 2012 |
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Permission Required for Export of Imported Goods |
Nourlaw.com (14 April 2012) -- Iran Customs in its
circular letter No. 13/71/59/747/5548 dated
20/1/1391 (7 April 2012) has declared that: With
respect to goods imported into the country through
the banking system (via letter of credit, bill of
exchange, or draft), the export of such goods if
unchanged from their original form, shall require
the agreement of the Export Bureau of the Customs.
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14 April 2012 |
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Iran and
Russia to protect Plants |
Nourlaw.com (14 April 2012) --The Iranian parliament
in a letter to the president, has asked him to
implement the Law of Cooperation Agreement for Plant
Quarantine and Preservation of Vegetables between
the Islamic Republic of Iran and the Russian
Federation. The law was ratified on 4/10/1390 (25
December 2011).
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15
February 2012 |
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Tariff Exemption for Imports from Syria |
Nourlaw.com (15 February 2012) -- The Exports and
Imports Regulations Bureau of the Ministry of
Industry, Mines and Commerce in its circular letter
No. 90/210/6750 dated 25/11/1390 (14 February 2012)
has declared that Decree No. H47351 T/150985 dated
20/7/1390 (12 October 2011) of the Council of
Ministers respecting the tariff exemption applicable
to the import of certain goods from Syria is now in
force.
According to the decree, up to a ceiling of USD 1b
in goods specified in the attachment, can be
imported into Iran with a 40% reduction in the
related commercial benefit tax (CBT).
CBT is a changing tariff determined for imported
goods by the government
According to the decree, any person traveling by air
from Syria to Iran, is permitted to carry USD 300
worth goods without paying CBT.
The decree stipulates that the Central Bank of Iran,
in order to encourage expansion of bilateral
commercial relations, is obliged to arrange credit
lines up to the ceiling of USD 1b for sellers and
buyers of goods.
In other parts of the decree it is stated that
export of steel billet up to a ceiling of 50,000
metric tons to Syria free of payment of related
levies is permitted, and the Ministry of Agriculture
shall make arrangements and decisions to procure
some of its needs for meat and olives from Syria.
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1
February 2012 |
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Government to Private Change in Ownership Does not
Nullify Contracting Tax Exemption |
Nourlaw.com (1 February 2012) -- According to the
circular letter No. D/230/40313 dated 3/11/90 (23
January 2012) issued by the Direct Taxation Deputy
of the Tax Affairs Organization, the tax exemption
foreseen in Note 2 of Article 107 of the Direct
Taxation Act shall remain in force when the related
governmental company is sold to the private sector
in compliance with the privatization policies based
on Principle 44 of the Constitution Law. However,
this is contingent on the respective contract and
provided that the commitments of the contract are
performed and no part of it has been changed.
In the circular letter it has been stated that the
aforesaid verdict has been made by the Tax High
Council.
According to Article 107 of the Direct Taxation Act,
a 12% tax rate shall apply to the aggregate of the
amounts collected annually in Iran by foreign
contractors and the establishments residing abroad.
Note 2 of the said Article, however, stipulates that
in the event the employer is a governmental entity,
the portion of the contract price which is allocated
for the purchase of equipment and accessories from
domestic or foreign sources, shall be tax exempt.
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28
December 2011 |
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Origin of Manufacturing No Longer Condition for
Import of Cars |
Nourlaw.com (28 December 2011) -- According to
Jamejamonline, Hamid Safdel, deputy minister of
Industry, Mines and Commerce, said that in light of
new decisions taken, the obligation of importers to
bring cars directly from the manufacturing country
has been lifted and cars can now be imported from
other points of origin. He added that for importing
cars, even for one unit, having a commercial card is
a must. Safdel stressed that for importation of
cars, in addition to being brand new, the importer
must have the capacity to render after sale services
and the car must be technically compatible with
national fuel optimization and environment
standards.
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21
December 2011 |
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Reduction
of CBT of the Goods Imported to Mainland from Free
Zones |
Nourlaw.com (21 December 2011) -- The Council
of Ministers has approved in its session of
20/9/1390 (11 December 2011) that: 1- The Commercial
Benefit Tax (CBT) applicable to the goods imported
in commercial quantity into the mainland from the
Free Trade-Industrial Zones, shall be decreased up
to 15% of the CIF value of the related goods. 2- The
volume of the imports subject to the decreased CBT
shall not exceed three billion dollars a year.
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21
December 2011 |
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Six-month Deadline for Procurement of Medicinal Raw
Materials from Domestic Sources |
Nourlaw.com (21 December 2011) -- The deputy
minister in charge of drugs of the Ministry of
Health, Drugs and Medical Education in his circular
letter No. 665/94053 dated 23/9/1390 (14 December
2011) has declared that on the basis of the decision
of the Commission Article 20, charged with handling
issues relating to manufacturing and import of drugs
and biological materials, that in six months all the
drug manufacturing companies are bound to procure
their needed raw materials from domestic sources if
their products have suitable quantity, quality and
price. The circular goes on to say that after this
period no permits shall be issued for the import of
such raw material from abroad.
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14
December 2011 |
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Tracing Code a Must for Clearing Imported Goods |
Nourlaw.com (14 December 2011) -- According to
the Decree No. H47588 T /181469 dated 19 Azar 1390
(10 December 2011) issued by the Council of
Ministers, in order to deter the unauthorized entry
of goods into the domestic market and for the
purpose of tracing goods in the supply, production
and distribution system, the Iran Customs shall be
obliged to ask for the goods tracing code, issued by
the Ministry of Industry, Mines and Commerce, in
addition to other required documents before
releasing imported goods.
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30 November 2011 |
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Presentation of Quality Certificate for Entry of
Chinese Goods into Iran |
Nourlaw.com (30 November 2011) -- ILNA news agency
reported on 28 November that the import of many
goods from China shall henceforth be subject to
compulsory standards. According to the director
general of the Trade Promotion Organization of Iran,
the volume of Iran’s exports to China in the first
nine months of the current year 2011 totaled USD
4.3b dollars while imports from China were valued at
US5.5b.
Hamid Safdel, the director general for trade
promotion, in his meeting with the Chinese deputy
minister of commerce in Tehran said: “In a
memorandum of understanding signed with China, it
has been agreed that as from 1 December 2011,
Iranian experts stationed at the points of origin
for exports in China shall issue quality
certificates for 4,600 types of goods”. He added
that this new procedure is designed to block the
entry of low quality goods into Iran. Safdel added
that China is Iran’s leading trade partner and
transactions between the two countries are on the
rise.
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16 November 2011 |
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Low
Quality Goods Denied Entry into Iran |
Nourlaw.com (16 November 2011) -- In one week (29
October- 4 November 2011) the entry of 16 shipments
of non-standard low quality goods into the country
was disallowed. As reported by the director general
of inspection of goods and export and import affairs
of the Institute of Standards and Industrial
Research of Iran (ISIRI), in compliance with Article
4 of the institutes regulations, the 16 shipments
were valued at USD 393,509. The cargo was in the
process of entering the country through the customs.
Mandatory sampling and testing revealed that the
merchandise contravened prevailing standards and
were returned to the senders. The goods included
toys, electric home appliances, eye glasses, water
hoses, sketching pencils, gas coolers, plastic taps,
cappuccino powder, swimming goggles, meat grinders
and home cinema systems. The goods were from China,
Taiwan and Malaysia.
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2 November 2011 |
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Amendments of Compulsory Standard for Production and
Import of Drinking Water |
Nourlaw.com (2 November 2011) --
According to the notice of
the Institute of
Standards & Industrial Research of Iran (ISIRI) the
obligatory standard for drinking water has been
revised and as of 01/10/1390 (22 December 2011) all
the producers and importers of packaged drinking
water shall be obliged to comply with the recent
amendments of the compulsory national standard No.
6696 applicable to drinking water.
ISIRI is the sole
national organization that can lawfully develop and
designate official standards for products. It is
also the body responsible for the process of
conducting new standards through the procedures for
endorsement by the Council of Compulsory Standards.
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6
October 2011 |
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Decree of the Central Bank on the Rules Relating to
Participation of Foreign Nationals in Capitalization
of Banks |
Nourlaw.com-(6 October 2011)-
Article 3- Purchase of the shares of the banks by
foreign states or governmental foreign juridical
persons, as well as their participation in
establishment of banks in Iran is prohibited.
Article 4- Purchase of the shares of banks by
foreign banks, as well as their participation in
establishment of banks in Iran shall depend on
approval of the banking regulatory authority of the
related foreign country and ratification of the
Central Bank.
Article 5- The banks shall not be allowed to
transfer their shares to foreign nationals or
juridical persons without acquiring pre-approval of
the Central Bank.
Article 6- Establishment of development banks in
partnership with the government of the Islamic
Republic of Iran and a foreign partner, subject to
Clause One of the Single Article of the Acceding One
Note to the Law of Amendment of Certain Articles of
the Fourth Economic, Social and Cultural Development
Plan of the Islamic Republic of Iran and Execution
of the General Policies of Principle 44 of the
Constitutional Law shall follow special regulations
and are excluded from the present rules.
Section Three- Partnership Ratio of Foreign Persons
in the Capitalization of Banks
Article 7- The shareholding ceiling of the existing
banks for foreign nationals and foreign juridical
persons, as well as their maximum level of
partnership in establishment of banks in Iran, shall
be determined as follows:
1- Up to a ceiling of 40% of shares upon agreement
of the Credit Commission of the Central Bank and
ratification of the Central Bank Governor.
2- More than 40% of the shares, upon agreement of
the Credit Commission of the Central Bank, approval
of the managing board of the Central Bank and
ratification of the Central Bank Governor
Section Four- General Conditions for Foreign Persons
Applying for Participation in the Shares of the
Banks
Article 8- Foreign nationals and foreign juridical
persons applying for participation in the
establishment of banks in Iran or purchase of the
shares of existing banks, are required to present
documents or commitments proving they are endowed
with the following conditions:
A) Having good reputation and financial and
professional capability.
B) Having no criminal record depriving them from
social rights.
C) Transparency of the origin of their partnership
payment.
Article 9- In the event that the foreign party
applying for participation in establishment of banks
in Iran or for purchase of shares of the existing
banks be a juridical person, it is obliged to
provide the Central Bank with a copy of its articles
of association, balance sheet and audited profit and
loss accounts relating to the previous three years
along with a declaration including the names of the
members of the board of directors and major
shareholders and any other necessary information for
inspection.
Section Five- Regulations Relating to the Members of
the Board, Managing Director and Members of the
Managing Board of the Banks Consisting of Foreign
Shareholders
Article 10- The managing director, chairman,
majority of the members of the board of directors
and the managing board of the banks owned by foreign
shareholders, must be Iranian nationals.
Section Six-Others
Article11- Foreign nationals and foreign juridical
persons applying for participation in establishment
of banks in Iran or purchase of shares in the
existing banks, should they obtain the investment
license from the Board foreseen in Article 6 of the
Foreign Investment Promotion and Protection Act,
shall enjoy all the facilities and protections of
the said law such as transferring abroad the
principal capital and the profits accruing from the
operations of the respective bank.
The rules respecting participation of foreign
persons in the capital of the banks were approved in
11 articles on 25/5/1389 (16 August 2011) during the
28th session of the Money and Credit Council.
This is an unofficial copyrighted translation of the
above Rules from Farsi language into English made by
Nourlaw.com. Any reproduction and quotation is
allowed provided that the source is clearly
mentioned.
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5
October 2011 |
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Reduction of CBT for Imports to Mainland through
Free Zones |
Nourlaw.com-(5 October 2011)- Iranian Council of
Ministers by virtue of Decree No. H47257 T/134881
dated 6/7/1390 (28 September 2011) has declared in
connection to Articles 4 and 14 of the Law On the
Manner of Administration of the Free Trade -
Industrial Zones that “Commercial Benefit Tax (CBT)
applicable to the goods which are commercially
imported via the Free Trade - Industrial Zones into
the mainland shall be decreased at maximum to 15% of
the CIF value of the said goods. The free zones
authorities are obliged to collect an equal amount
as the levy of import of goods from abroad into the
free zone in compliance with the bylaws of
collection of levies in the free zones and spend the
same in accordance with their annual budget. The
volume of such imports shall be at most USD 3b per
year”.
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5
October 2011 |
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Allocation of Foreign Currencies to Passengers
Decreased |
Nourlaw.com- (5 October 2011)- According to the
declaration of the Public Relations Office of the
Central Bank of Iran (CBI) on 12/07/1390 (4 October
2011): “By virtue of the decision of the Foreign
Exchange Policies and Regulations Department of CBI,
the sale at the official rate of foreign currencies
to air passengers heading for all countries of
destination (except Iraq and Syria) has decreased to
USD 2,000.00 for each trip and USD 500.00 or the
equivalent amount in other currencies for road, rail
and sea travelers. The amount of foreign exchange to
be sold to travelers to Iraq and Syria will be USD
500.00.The amount of foreign currencies to be sold
to Iranian nationals residing abroad shall be half
of the aforesaid amounts.
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24
August 2011 |
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Reward for Attraction of Foreign Investment into
Iran |
Nourlaw.com- (24 August 2011)-- In an
initiative to boost foreign investment in the
economy, Iran has set a reward for persons who
assist in bringing in outside investment. According
to Clause 68 of the national budget of the year 1390
(21 March 2011-20 March 2012), one hundred billion
rials (100,0000,0000,0000) shall be allocated in the
current year to be granted as a reward to
non-governmental persons active in marketing and
attraction of foreign investment commensurate with
their services. The Council of Ministers in its
Decree H47057T/108586 dated 26/05/1390 (17 August
2011) also passed the by-law of the said clause.
According to the bylaw, the amount of the reward
shall be 6 of whatever currency per thousand of the
newly attracted foreign investment into the country.
That figure will be increased to 10 per thousand if
the foreign investment is made in undeveloped areas.
As foreseen in the decree, the authority for
granting such rewards is the Organization for
Investment, Economic and Technical Assistance of
Iran (OIETAI).
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2
August 2011 |
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High Levy for
Export of Eggs |
Nourlaw.com- (2 August 2011)--To
prevent a shortage of eggs, according to the decree
142/71/98/103/69441/92891 dated 8/5/90 (30 July
2011) of Iran Customs , a levy of 70% shall be
imposed on the export of eggs. The decision has been
made in line with the Fifth National Development
Plan and is retroactive as from 1/4/1390 (22 June
2011)
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2
August 2011 |
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Cancellation of CBT for Individual Cigarettes |
Nourlaw.com- (2 August 2011)--
To cope with the lucrative smuggling of cigarettes
into Iran, the government has sought to lower the
cost of legal importation. In this respect, the
Standing Committee for Article 1 of the By-law of
the Law of Export and Import Regulation (consisting
of ministries of Commerce and Industries and Mines,
Agriculture, Finance and Economic Affairs, as well
as the heads of Iran Customs, Central Bank and Iran
Chamber of Commerce) decreed on 1/5/1390 (23 July
2011) that the 35 rials CBT (Commercial Benefit Tax)
until now imposed on importation of each cigarette
has been voided.
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27 July 2011 |
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Price List of Chinese Shandong Foton Road
Construction Machinery for Year 2011 |
Nourlaw.com- (27 July 2011)-- Iran Customs
in its circular letter No. 90/24/205/4264/60705
dated 28/3/90 has notified the price list of the
Chinese Shandong Foton Road Construction Machinery
for the year 2011. The list plus the freight and
insurance charges shall be the basis for evaluation
of entry dues. The Iranian agent of the said
machinery in Iran is Tamam Sadid Co.
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NO |
Description |
Qty (set) |
Unit price
(Euro) |
Equipment Standard |
Option prices Added or
Deducted (Euro) |
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1 |
Loader Wheel FOTOCAT FL958G |
1 |
50.322 |
Weichai styre WD615 engine/ Weichai
power (styre) WD10G220 engine,
Liuzhou-Hangzhou gear transmission 7
speed, Xushou-Meritor axles, pilot
controlled joystick operation, air
conditioner, high-back seat, standard
bucket ROPS cabin |
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2 |
Loader Wheel FOTOCAT FL958g |
1 |
53.413 |
Weichai styre WD615 engine/ Weichai (styre)
WD10G220 engine, Liuzhou-ZF gear
transmission 7 speed, Xushou-Meritor
axles, pilot controlled joystick
operation, air conditioner, high-back
seat, rock bucket, standard cabin |
|
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3 |
Loader Wheel FOTOCAT FL966F |
1 |
62.790 |
Shanghai C6121 engine/ Weichai power (STYRE)
WD 10G240 engine, Linzhouzf
transmission, air conditioner, high-back
seat, standard bucket, standard cabin |
Chinese Transmission: Deducting Euro
4,993 |
|
4 |
Loader Wheel FOTOCAT FL936F |
1 |
31.175 |
Weichai-Deutz TD226B6IG15 engine,
Hangzhou gear transmission 6 speed,
Xushou-Meritor axels, hydraulic levers,
, air conditioner, ROPS cabin, rock type
bucket |
Pilot controlled joystick operation:
Adding Euro 950 standard bucket:
Deducting Euro 218 Shanghai |
|
5 |
Loader Wheel FOTOCAT FL938g |
1 |
34.950 |
Weichai-Deutz TD226B-6IG15 Engine,
Hangzhou Gear Transmission 3 speed,
Xuzhou-Meritor axels, air conditioner,
|
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6 |
Loader Wheel FOTOCAT FL956F |
1 |
44.500 |
Weichai styre WD615 Engine/ Weichai
power (styre) WD10G220 engine, Hangzhou
gear transmission 3 speed ,
Xuzhou-Meritor axels, hydraulic levers
operation, air conditioner , rock type
bucket, standard cabin |
Pilot controlled joystick operation:
Adding Euro 950 Shanghai c6121 engine:
Adding Euro 558 standard bucket:
Deducting Euro 380 |
|
7 |
Loader Wheel FOTOCAT FL956F |
1 |
47.705 |
Weichai styre WD615 engine/ Weichai
power (styre) WD10G220 engine, Linzhouzf
transmission 7, Speed. Xuzhou- Meritor
axels, hydraulic levers operation, air
conditioner, rock type bucket, standard
cabin. |
Pilot controlled joystick operation:
Adding Euro 950 Shanghai c6121 engine:
Adding Euro 558 standard bucket:
Deducting standard Euro 380 |
|
8 |
Loader Wheel FOTOCAT FLB 468A |
1 |
38.700 |
China LOVOL 1004C-P4TEL04, H-type
bracket, 4WD, Italy Carraro
transmission, Guizhou Qianjin tires,
fiber shield, loading standard lifting
arm and bucket, excavation standard
lifting arm and bucket, America Husco
valve, Permco pump, mechanism operation,
amplified hydraulic steering with
priority, whole airproof cab, air
conditioner. |
Multifunction bucket: Adding Euro 422 |
|
9 |
Wheel Loader FOTOCAT FLB455W |
1 |
33.000 |
China local engine, local axles, local
transmission, four-wheel drive hydraulic
System, air conditioner. |
ROPS cabin: adding Euro 484 Break
Hammer; Adding Euro 3325 |
|
10 |
Wheel Loader FOTOCAT FL917F |
1 |
18.150 |
Chinese LR4105G83D engine. air
conditioner, standard cabin, standard
bucket. |
|
|
 |
|
27 July 2011 |
|
Import of Second Hand Plane Spare Parts Allowed |
Nourlaw.com- (27 July 2011)-- Iran Customs has
declared in its circular letter
No.74/12032/307/64716/52801 dated 17/03/1390 (07
June 2011) that the Ministry of Commerce has
approved the import of certain second hand rotary
parts needed by the national airlines and air
transport companies for repair and maintenance of
aircraft.
|
 |
|
27 July 2011 |
|
Iran Joins the Council for Rail Transport of CIS
States |
Nourlaw.com- ( 27 July 2011)-- The Iranian
Parliament on 07/04/1390 (28 June 2011) ratified
Iran’s joining the Council for Rail Transport of CIS
States and has sent the law to the president for
implementation.
For coordination in rail transport and avoiding
dispersion of the unified railway network of the
former Soviet Union, the CIS (Commonwealth of
Independent States) established the council for rail
transport of CIS states in February 1992. Over time
the Council has expanded its jurisdiction to attract
other states such as Latvia, Lithuania, Estonia and
Bulgaria. Now, the Islamic Republic of Iran is also
a member of the compact.
The Council has focused on promoting cooperation and
resolving issues in areas such as organizing
freight, transferring cars and trains through
international coupling junctions and shunting empty
freight cars for loading.
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19 July 2011 |
|
New Ministries Created out of Merger |
Nourlaw.com- ( 19 July 2011)-- The Law of
Formation of the Two Ministries of “Cooperation,
Labor and Social Welfare” and “ Industry, Mines and
Commerce”, approved by Iran’s parliament on 8 Tir
1390 (29 June 2011) was published on 10 July 2011 in
the Official Gazette and shall be effective 15 days
after publication or 25 July 2011.
The merger has been made in line with the
stipulations of the fifth development plan for
downsizing the ministries and simultaneously
boosting their efficiency.
According to the law, all possibilities,
liabilities, credits, manpower and assets of the
ministries of “Cooperation”, “Labor and Social
Affairs”, and “Welfare and Social Security” shall be
moved to the Ministry of Cooperation, Labor and
Social Welfare and those of the ministries of
“Industries and Mines” and “Commerce” to the
Ministry of Industry, Mines and Commerce.
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19 July 2011 |
|
Double Tax Avoidance Agreement between Iran and
Jordan now Effective |
Nourlaw.com- ( 19 July 2011)-- Iran’s Tax Affairs
Organization in its circular letter number
s/200/8672 dated 13/04/1390 (4 July 2011) has
notified that the double tax agreement between Iran
and Jordan approved by Iran’s parliament on
23/10/1382 (13 January 2004) is now in effect.
According to the decree, the stipulations of the
bilateral agreement concerning the tax applicable to
revenues shall be implemented in the territory of
Iran dating from 1 Farvardin 1388 (21 March 2009)
and henceforth in Jordan as from 1 January 2009 (12
Dey 1387).
|
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19 July 2011 |
|
CBI to Allow Branches of Foreign Banks to Set Forex
Interest Rate |
Nourlaw.com- (19 July 2011)-- Iran’s
Central Bank has declared in its circular letter
number 90/84279 dated 14/04/1390 (5 July 2011) that
in order to encourage foreign banks to launch
activities in Iran through their branches, “the
interest rate of forex savings, loan and facilities
in forex and the amount of the fees for banking
foreign exchange services and operations, shall be
set in accordance with the performance and at the
sole discretion of the branch”. The aforesaid shall
be added as “Note 2 to the Executive Instruction for
the Manner of Establishment, Activity, Supervision
and Closure of Branches of Foreign Banks in Iran”,
ratified by Iran’s parliament on 16/02/1388 (6 May
2009).
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29 June 2011 |
|
Conditions for Import of Pharmaceuticals and raw
material from Japan |
Nourlaw.com- ( 29 June 2011)--
According to the circular No. 665/29338 dated
31/3/1390 (21 June 2011) issued by the the
Pharmaceuticals Deputy of the Ministry of Health and
Medical Education, import of drugs and
pharmaceutical raw material from Japan is allowed
provided that the importing entity guarantees in
writing that the raw material shall be used for
production of drugs and the imported drugs shall be
distributed only after receiving a certificate from
the Atomic Energy Organization guaranteeing that the
goods are free of radioactive contamination.
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21
June 2011 |
|
Countries Authorized for exporting Drugs to Iran |
Nourlaw.com- ( 21 June 2011)-- The
Pharmaceuticals Deputy of Iran's Ministry of Health
and Medical Education in a circular letter number
665/27312 dated 25/03/90 ( 15 June 2011)
has declared that:
“In light of the decisions dated 9/03/90 ( 30 May
2011) of the duly authorized Discerning Commission
(for recognizing the competence of production and
import of drugs and biological materials) the
following countries were acknowledged as authorized
sources for supply of drugs namely: Austria; Great
Britain; Spain; Slovakia; Slovenia; Italy; Ireland;
Germany; Belgium; Bulgaria; Portugal; Denmark; Czech
Republic; Sweden; France; Finland; Cyprus; Latvia;
Luxembourg; Poland; Lithuania; Malta; Hungary;
Holland; Greece; Switzerland; United States; Canada;
Australia; Japan; South Korea and Turkey.”
In the case of other countries that want to be
listed, providing a GMP certificate from SWISS
MEDIC, MHRA, TGA or the USFDA, in addition to other
related documents, shall be required.
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15
June 2011 |
|
Iran and India Agree on Extradition of Criminals |
Nourlaw.com- ( 15 June 2011)-- Iranian
Ministry of Justice has notified on 18/3/1390 (8
June 2011) the Law of Criminal Extradition Agreement
between the States of the Islamic Republic of Iran
and Republic of India for implementation. The law
was passed by the Iranian parliament on 16/6/1389 (7
September 2010). Under the agreement, extradition of
terrorists, perpetrators of economic offences and
other criminals are foreseen.
Under the treaty, crimes fall under the extradition
process that is considered in both countries
prosecutable and the resultant punishment is at
least one year of imprisonment.
|
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|
15
June 2011 |
|
Technical Criteria for Import of Electric Home
Appliances with 220 Volts |
Nourlaw.com- ( 15 June 2011)-- Iran
Customs in its circular letter No.
7371/241/791/21115/48261 dated 9/3/90 (30 May 2011)
has notified the decree of the Institute of
Standards & Industrial Research of Iran (ISIRI) to
all customhouses as follows: “As you are aware
electricity in Iran is 220 volts and the frequency
is 50 megahertz. However, business persons have
imported electric home appliances with 110 volts and
frequencies of 60 megahertz along with a voltage
increasing transformer incompatible with the parts
of said appliances and this creates damages to the
parts and the malfunction of the appliances. Since
in the related standards application these said
voltage and frequency problems have not been
foreseen, therefore, you are requested to declare
the import of home appliances with 220 volts and a
frequency of 50 megahertz and cease import of home
appliances of 110 volts with a frequency of 60
megahertz”.
|
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15
June 2011 |
|
Double Tax Avoidance Agreement of Iran and Kuwait in
Effect |
Nourlaw.com- ( 15 June 2011)-- Iran Tax
Affairs Organization declared on 11 June 2011 that
the Law of Agreement on Avoidance of Double Taxation
Respecting Revenue and Capital Taxes agreed between
the states of the Islamic Republic of Iran and
Kuwait is now in force. The law was approved on
6/5/1387 (26/8/2008) and accordingly became
effective on 123/11/1389 (12/2/2011) in both
countries. The stipulations of the law shall be
implemented with respect to the taxes applicable to
revenues and capital in each fiscal year, 1
Farvardin 1390 (21 March 2011) in Iran and
11/10/1390 (1 January 2012) for Kuwait.
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15
June 2011 |
|
List of Cars and Public Vehicles Importable until 22
September 2011 |
Nourlaw.com- ( 15 June 2011)-- Trade
Promotion Organization of Iran (TPO) declared the
list of cars and public vehicles with the necessary
technical features for importation and which can be
imported by the authorized agencies until 31/6/1390
(22 September 2011) as follows. It should be noted
that import of the said cars and vehicles in trade
volume requires having an authorized sales agency
and post sale services in Iran according to the
by-law on technical regulations for the import of
cars.

|
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|
8
June 2011 |
|
Import of Cars
Permitted |
Nourlaw.com- ( 8 June 2011)-- Hamid Safdel,
director general of the Trade Promotion Organization
of Iran declared on 6 June 2011 that regulations for
importation of all types of cars are now in place
for business persons who have previously been
involved in importing cars. They can now proceed
with importing various types of cars while observing
the rules specified.
Safdel added that the approval of the Iranian Fuel
Conservation Company (IFCO), Iran Environment
Protection Organization, and the Institute of
Standards and Industrial Research of Iran (ISIRI)
are necessary for bringing in the cars.
|
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|
8
June 2011 |
|
Import Duty for
Tractors |
Nourlaw.com- ( 8 June 2011)-- According
to Decree Number H46558T/51902 dated 8/3/1390 (29
May 2011) of the Council of Ministers, the
Commercial Benefit Tax for importation of all types
of tractors with 110 horse power or less shall be
21%.
|
 |
|
25 May 2011 |
|
Iran
and Turkey Pen Agreement on Combating Drugs,
Organized Crime |
Nourlaw.com- (25 May 2011)-- The Law of
Agreement of Cooperation Between the State of the
Islamic Republic of Iran and the State of the
Republic of Turkey on Combating Smuggling of
Narcotics, Organized Crime and Terrorism, was
approved by the Iranian parliament on 31/01/1390 (21
April 2011), published in the Official Gazette on
02/03/1390 (23 May 2011) and shall go into effect on
8 June 2011 after the statutory 15-day deadline.
According to the single article law, the agreement
has been concluded in light of the “friendly
relations between the two countries, urgency of
expansion of bilateral and international cooperation
in security affairs and combating extra-national
organized crimes, a mutually shared interest in
consolidation of national security of the two
countries and the welfare and peace of the two
nations”.
By virtue of the law, both states shall cooperate in
a broad range of areas, These include combating
terrorist groups inside each parties' territory,
stemming arms smuggling, production, transport and
distribution of narcotics, smuggling of commercial
goods and cultural-historical artifacts, smuggling
of rare herbs and animals, forgery of official
documents and travel papers and credit cards, money
laundering and revenues accruing from corruption and
fraud, computer and communications crimes, human
trafficking and abuse of women and children.
|
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|
18 May 2011 |
|
Export and Import Regulations for Year 1390 (21
March 2011- 19 March 2012) |
Nourlaw.com- (18 May 2011)-- Iran Customs in
its circular letter No.52/73/879/113/34883 dated
24/02/1390 (14 May 2011) has notified to all customs
posts throughout the country that export and import
regulations have been complied in a bilingual (Farsi
and English) book by the Ministry of Commerce and
this shall henceforth be the basis for customs
affairs of the exportation and importation of goods
in the Iranian year 1390 (21 March 2011- 19 March
2012) . The book contains the law, bylaw and decrees
relating to export and import and it also clarifies
the conditions for the export and import of goods,
as well as the tariff of imported goods coded
according to the international standardized customs
system.
|
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11 May 2011 |
|
Iran
Joins Kyoto Customs Convention |
Nourlaw.com- (11 May 2011)--Iran Customs reported
today that the law of acceding to the Kyoto
Convention had been finalized by the supervisory
body of the Council of Guardians.
According to the World Customs Organization (WCO),
the Kyoto Convention is an international convention
on the Simplification and Harmonization of Customs
procedures (Kyoto Convention). It entered into force
in 1974 and has been subsequently revised and
updated to ensure that it meets the current demands
of governments and international trade.
The Convention does not prevent implementation of
national regulations respecting banning and
restriction of certain goods.
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11 May 2011 |
|
Ministry of Health Conditions Import of Drugs from
Japan |
Nourlaw.com- (11 May 2011)-- The Department of
Control Over Drugs and Narcotics of the Ministry of
Health in its circular letter No. 665/11098 dated
12/02/1390 (2 May 2011) to pharmaceutical companies
has decreed that: “in light of factual atomic
radiation resulting from the recent earthquake in
Japan and concerns over probable contamination of
imported goods, it is required that in case of
importation of drugs or pharmaceutical raw materials
and auxiliaries etc., the official certification of
Japan’s Ministry of Health on non-contamination of
the related goods to atomic radiation be obtained
and after authentication by the Iranian Embassy
should be supplied to this department. In case of
non-presentation of this certification, issuing of a
permit for clearing the goods from the customs and
other permits relating to the import of goods shall
be impossible".
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11 May 2011 |
|
New Tariffs for Import of Certain Products and Goods |
Nourlaw.com- (11 May 2011)-- Iran Customs in its
circular letter No. 34/8/21640 dated 6/02/1390 (26
April 2011) has declared that in addition to entry
dues, 500 rials shall be imposed on the import of
each kilo of fruits and vegetables imported into the
country.
In addition, for protection of domestic production
and trade, the tariff on certain imported goods has
been increased. The rise of some of items are:
Saffron and pistachio 90%.- Shoes 120%- Sugar 20%-
Cotton 4%- Green Tea 15%- Black Tea 40%- Tea bags
60%- Wheat 20%- Rice 45%- Flour 30%- Cucumber 50%-
Cherry, melon and grapes 90%- Potato and tomato 90%-
Garlic 100%- Mineral water 60%.
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4 May 2011 |
|
Commercial Benefit Tax for Importing Eggs Eliminated |
Nourlaw.com- (4 May 2011)--To augment the shortage
of domestically-produced eggs on the Iranian market
and prevent further increase in the price of eggs,
the government has reduced the Commercial Tax
Benefit (CTB) from the current 26 % of the CIF value
to zero. The decree came into effect on 10/02/1390
and will remain in force until 10/06/1390 (30 April
to 1 September 2011).
|
 |
|
27 April 2011 |
|
Import of Tomato and Spinach Powder from China
Subject to Quarantine |
Nourlaw.com- (27 April 2011)-- Iran Customs in its
circular letter No.6/73/1230/103/264022/2298 dated
25/01/1390 (17 April 2011) has declared in
accordance to the resolution of the Ministry of
Agricultural Jihad, that in light of the
applications for the import of tomato and spinach
powder from China and since these goods are listed
among the products which have low risk quarantine,
their import is permissible on the condition of
presentation of the original plant health
certificate and examination of the quarantine
experts at the entry point and goods clearing
customhouses.
|
 |
|
27 April 2011 |
|
Foreign Exchange Allocation for Border Residents for
the First Six Months of the Year |
Nourlaw.com- (27 April 2011) -- Iran Customs in its
circular letter No. 17/73/2940/103/270066/10712
dated 27/01/1390 (16 April 2011) has informed the
related customhouses of the resolution of the
Ministry of Commerce respecting the foreign exchange
allocations for importing goods through Iran's
borders in compliance with the Law of Organizing
Frontier Transactions. The allocations for the first
six months of the current Iranian year (21 March to
22 September 2011) are as follows:

|
 |
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6 April 2011 |
|
Iran and Afghanistan Agree to Extradition of
Criminals |
Nourlaw.com (6 April 2011) -- The Law of Agreement
on Extradition of Criminals between the Islamic
Republic of Iran and the Islamic Republic of
Afghanistan approved by the Iranian parliament on
16/12/1388 and ratified recently by the Expediency
Council, was published on 9/01/1390 (29 March 2011)
in the Official Gazette. The law comes into effect
after 15 days from the date of publication.
According to Article 2 of the 19-article agreement,
a criminal can be extradited who has committed acts
which are considered a crime under the laws of the
two states and the maximum legal punishment for the
act shall not be less than one year and the sentence
issued must be at least six months or any other
heavier punishment. Perpetrators of military and
political crimes shall not be subject to
extradition.
|
 |
|
6 April 2011 |
|
Imported
Goods Bearing Offensive Markings Cannot be Cleared |
Nourlaw.com (6 April 2011) -- Iran Customs in its
circular letter No.456/73/214/112/249969/268241
dated 23/12/89 (14 March 2011) to the customhouses
has declared that "for the correct implementation of
regulations and maintaining greater control over the
import of cultural goods such as stationary and
school bags etc., you are requested that in
accordance with Clause 9 of Article 40 of the
Customs Affairs Law to not allow clearance of goods
with wordings or symbols on the goods or their
packaging, in the bill of lading or other related
documents contrary to the peace of society, national
values, public decency or the official religion of
the country.”
|
 |
|
26 February 2011 |
|
Iran and Indonesia Agreement on Double Taxation
Avoidance Now Effective |
Nourlaw.com (26 February 2011) -- Technical and
Legal Deputy of the Tax Affairs Organization has
announced in a circular letter No. 210/22267 dated
12/11/89 (1 February 2011) that the Agreement on
Double Taxation Avoidance and Prevention of Tax
Evasion with Respect to Revenue Taxes between Iran
and Indonesia, approved by the Parliament on
16/1/1385 (5 April 2006), has become effective as
from 10/9/1389 (1
December 2010) and all the related tax authorities
are obliged to apply the stipulations of the said
agreement in the subsequent fiscal years for the
nationals and residents of Indonesia and Iran.
|
 |
|
1 February 2011 |
|
Agreement for Cooperation in Civil, Commercial and
Criminal Affairs signed among Iran, Turkey and UAE |
Nourlaw.com (1 February 2011) -- As reflected in the
Official Gazette dated 12/11/1389 (1 February 2011),
the President of the Islamic Republic of Iran has
ordered publication and enforcement of the
agreements the Iranian Parliament has approved
recently for cooperation of the state of Iran with
the states of Turkey and UAE in the fields of civil,
commercial and criminal affairs, extradition of
criminals and transfer of prisoners. The agreements’
stipulations shall become effective within 15 days
as from today.
|
 |
|
5 January 2011 |
|
Diapers for elderly banned for import due to
packaging pictures |
Nourlaw.com (5 January 2011) - Iran Customs in its
circular letter No. 388/73/39/778/196613/211498
dated 12/10/89 has announced that diapers for the
elderly imported from Turkey and brand-named Actual
and Fresh Life cannot be cleared from the customs
because of pictures on the packaging that violate
the religious and ethical norms of the society.
|
 |
|
21 December 2010 |
|
Using Irancode Obligatory for Importers |
Nourlaw.com (21 December 2010) - Mehr News
Agency reported today that, according to the
codification center of Iran’s Ministry of Commerce,
all importers must use Irancode as of 22 December
2010 for clearing their goods from customs.
As defined by the Irancode website, Irancode is the
Iranian National Products and Services
Classification and Codification system. It enables
producers and distributors to identify, classify and
codify their products and services. The information
on supplier resources, the base information and
technical specifications of products, correspondence
with the international coding system, and the base
information of items are found in this national
archive. The Irancode system is run by the Ministry
of Commerce and Irancode applicants should refer to
the relevant department for registering products and
services and receiving the respective identity code.
|
 |
|
14 December 2010 |
|
Double Taxation Avoidance Agreement between Qatar
and Iran Implemented |
Nourlaw.com (14 December 2010) - Technical and Legal
Deputy of the Tax Affairs Organization in his
circular letter number 210/25687 dated 22/8/1389 (13
November 2010) has announced that the Law of Double
Taxation Avoidance Agreement on taxes relating to
revenues and capital concluded by Qatar and Iran has
come into force on 21/9/2010 in both countries. The
provisions of that part of the agreement relating to
accrued revenues and capital shall be binding for
Iran from 1 Farvardin 1389 (21/2/2011) and in case
of Qatar it will be from 1 January 2011.
|
 |
|
14 December 2010 |
|
Dealers Allowed Transfer of Forex by Foreign
Investors |
Nourlaw.com (14 December 2010) -- According to the
decree of the Money and Credit Council, foreign
investors are allowed to use private foreign
exchange dealers, in addition to banks, for the
transfer of foreign currencies, Mehr News Agency
reported on 13 December 2010.
According to the Iranian foreign investment law and
its regulations, the capital of foreign investors
should enter the country through the banking system.
However, as per the new decision, a receipt from
authorized foreign exchange dealers shall be
sufficient for registration of the transfers.
|
 |
|
6 December 2010 |
|
Mixed Customs Declaration of Imported Furniture and
Wood Products from Turkey not Allowed |
Nourlaw.com (6 December 2010) --Iran Customs in its
circular letter Number 326/8/168323 dated 10/8/89 (1
November 2010) has notified the letter of the legal
department of customs with respect to certain items
imported from Turkey and other countries. In order
to clear goods from customs, submission of a
declaration which specifies the imported items and
payment of the applicable duties is obligatory.
According to the aforesaid circular letter, the
Legal Deputy of the Iran Customs has noted that in
re-checking the declaration in some border customs,
it is observed that, “The owners of goods declare
and clear a mixture of wood products and furniture
from Turkey through a single declaration. This
action does not make distinction between the
weighing of the furniture and that of other wood
products such as bedroom sets and the value
difference of furniture from wood products and has
caused probable misappropriation of the owner of the
goods”. The value of furniture from Turkey is 6.30
USD for each kilo and wood products is 2.20 USD per
kilo. The deputy has instructed that henceforth
furniture and wood products from Turkey and other
countries must be declared separately.
|
 |
|
30 November 2010 |
|
Clearance of Industrial Goods not Subject to
Obligatory Standardization Permitted |
Nourlaw.com (30 November 2010) -- Iran Customs in
its circular letter dated 343/73/278/113/188145
dated 7/9/89 (28 November 2010) has declared that on
the basis of the letter of Institute of Standards &
Inddustrial Research of Iran (ISIRI), as long as the
by-law of the Law for Improvement of the Quality of
Vehicles and Other Industrial Goods has not been
notified, clearance of industrial goods not subject
to obligatory standardization shall be allowed as
before and supply of a standard certificate by the
importer is not compulsory.
|
 |
|
30 November 2010 |
|
Bogus
Brands to Be Identified |
Nourlaw.com (30 November 2010) -- Mehr News Agency
reported on 28 November 2010 that according to Mr.
Hossein Radmard, the head of the Center for the
Affairs of Tradesmen and Merchants, 35 known foreign
brand names have been recognized in the domestic
clothes market. He said that all genuine brand names
are permitted to establish their presence in the
Iranian market by registering their representatives
at the Center for the Affairs of Tradesmen and
Merchants. To accomplish this, the tradesmen
representing a trusted brand name must supply the
center their contract with the principal company
owing the brand and the principal’s guarantee of
quality.
Radmard said that all bogus brands shall be
identified and those promoting them prosecuted.
|
 |
|
24 November 2010 |
|
Customs
Decree on Export to Iraq |
Nourlaw.com (24 November 2010) -- Iranian Customs in
its circular letter number
342/71/3100/747/159956/183457 dated 29/8/1389 (20
November 2010) has declared that given the problems
arising in relation to exporting foodstuffs to Iraq
and specifically the return of certain items to the
sender, clear and required conditions must be
observed for preserving the market of Iraq as an
importance destination for Iranian products.
The decree lists the problems as follows: 1- The
exact day and month of production plus the expiry
date must be clearly and visibly stated on the
packaging according to the Gregorian calendar. 2-
The production date on some goods falls after the
day of their entry at the border. 3- Some goods lack
the standard seal and hygienic license number. 4-
With respect to certain goods the production and
expiry date has not been printed but stamped in a
color different from the text on the export box or
package. 5- Concerning other goods, the name of the
manufacturer and contact information has not been
stated. 6- Certain goods such as chicken and liver
are principally banned for export from any country
to Iraq. 7- Some goods have not been packaged and
stored properly and their lids are distended.
|
 |
|
10 November 2010 |
|
Obligation of Inserting the Retail Price on Imported
Goods |
Nourlaw.com (10 November 2010) -- Public Relations
Office of the Organization for Protection of
Consumers and Producers, affiliated to the Ministry
of Commerce, has stated in a notice on 7 November
2010:
“Following previous notices related to implementing
the Target-oriented Subsidies Law and based on the
co-ordinations and forecasts made by this
organization for regulation and control of the
market, the controls on supply of goods and services
by the sales units, distributors, producers and
providers of services, in addition to preventing
abuse and unfair practices against consumers, it is
hereby notified to all importing companies and
wholesalers of imported goods nationwide that at the
supply points (where wholesale of imported goods is
conducted) insertion of the real consumer prices
shall be obligatory on all the products and related
invoices in accordance with the pricing regulations
set out by this organization”.
The notice warns that violators shall be prosecuted
accordingly.
|
 |
|
12 October 2010 |
|
Central Bank Announces Inflation at 8.9% |
Nourlaw.com (12 October 2010) -- The Public
Relations Office of the Central Bank of Iran (CBI)
has stated the following in its notice number
89/152994 dated 15/07/1389 (7 October 2010) with
respect to the annual inflation rate in Iran:
“A summary of the accrued results of the index of
the price of consumer goods and services in Iran's
urban areas in light of the basis year 1373
(21/03/1994- 20/03/1995)=100,is as follows:
In the month of Shahrivar 1389 (23 August-22
September 2010) the index of the price of consumer
goods and services in the urban areas of Iran
increased .8% in comparison to the former month. The
inflation rate in the 12 months leading up to the
month of Shahrivar 1389 was equal to 8.9% in
comparison to Shahrivar 1388 (23 August-22 September
2009).
|
 |
|
12 October 2010 |
|
All Imported Goods Now Subject to Government Pricing |
Nourlaw.com (12 October 2010) -- The Minister
of Commerce in his circular letter number 1/444429
dated 30/06/1389 (21 September 2010) has mandated
that for avoidance of pricing irregularities in the
retail market, all imported goods shall be subject
to government regulated pricing.
The Minister noted in the preface of the letter
that, ”During certain times, provision of some
necessary and critical goods which were not produced
domestically or domestic production was insufficient
for meeting market needs, were needed by the
domestic market. These goods were imported and the
government would allocate the necessary foreign
currency at a rate less than the official rate or
for protection of domestic production would adopt
measures such as adjusting tariffs for imported
goods. All the aforesaid actions resulted in
significant differences in the prices of such goods,
thereby preparing the grounds for misappropriation
by profiteers…”
According to the letter, pricing shall now be based
on all related purchase, transport, insurance, and
customs clearance documents and other related
charges. Based on this data a ceiling for the
maximum profit for importers with respect to
different groups of imported goods has been set. The
ceilings are as follows:
Percentage of the Importer Profit Goods Description
18% Medical, dentistry, laboratory goods
17% Veterinary Drugs and vaccines
18% Vehicle spare parts
12% Iron products
15% Other Imported Goods
Different departments of the Ministry of Commerce
shall supervise and control the implementation of
these pricing criteria. Violators shall be
prosecuted.
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29 September 2010 |
|
Limitation on Travelers' Import of Cigarettes |
Nourlaw.com (29 September 2010) -- Iranian
Customs in its circular letter number
265/73/114/113/116453/136352 has decreed that any
traveler entering Iran can only bring two cartons of
cigarettes with her/ himself. The customs has
ordered the entry posts to prohibit any abuse in
this respect especially with regard to pilgrimage
tours wherein tour leaders distribute cigarette
boxes containing many cartons among pilgrims to
boost the volume of illicit cigarettes entering the
country.
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8 September 2010 |
|
Rial Letters of Credit for Imports via FTZs Special
Economic Zones |
Nourlaw.com (8 September 2010) -- The Imports Office
of Iran Customs in its circular letter
No.247/73/4368/722/102574/123825 dated 15/6/1389 (6
September 2010) has announced that in order to
facilitate foreign trade with the target countries
and for development of the trade-industrial free
zones and special economic zones, the Central Bank
of the Islamic Republic of Iran (CBI) has replaced
the former text with the following text in its
Collection of Foreign Currency Regulations (Import
of Goods and Services).
1-1-Importers of goods and services are allowed to
open rial letters of credit (cash or usance) by
presenting the rial pro forma invoice of the sellers
in the target countries as well as sellers in the
free trade and industrial zones and special economic
zones plus the order registration forms approved by
the Ministry of Commerce, with due observance of
this set of regulations.
1-2-Compliance with international regulations
relating to combating money laundering between the
banks of the seller and buyer on the basis of the
agreements made between them shall be obligatory.
1-3-Opening rial accounts with that bank and
branches of that bank located abroad and the
branches of other Iranian banks in the name of
foreign sellers for remittance of the sums accrued
from negotiation of documents will be permitted with
due observance of the respective regulations.
1-4-In the event of assurance of the bank of entry
of the goods to the destination, exchange of rials
into foreign currency at that day’s rate shall be
permitted.
1-5-Amendment of the rial letter of credit on the
basis of the rate of the day of amending and
obtaining the amendment of the order registration of
the Ministry of Commerce is allowed.
1-6-Iranian banks are not permitted to discount the
documents of the usance rial letters of credit for
import of goods from the origin of the said zones.
1-7-Presentation of the quantity and quality
inspection certificate of goods along with other
documents is obligatory.
1-8-Presentation of a certificate of definite
clearance of the goods from customs within the
deadline foreseen in the foreign currency
regulations framework is obligatory for releasing
the commitments before the banks.
1-9-It is required that the information relating to
such letters of credit be sent to the department of
statistics and foreign currency commitments by
virtue of the related instructions.
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8 September 2010 |
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CBI Empowers Iran Credit Rating Company |
Nourlaw.com (8 September 2010) -- Public Relations
Office of the Central Bank of the Islamic Republic
of Iran (CBI) announced on 7 September 2010 that:
"Central Bank of the Islamic Republic of Iran on the
basis of the By-law of the Credit Rating System
approved by the esteemed Council of Ministers, on
13/6/1389 (4 September 2010) has issued a permit
activating the Iran Credit Rating Consulting
Company. By virtue of the permit and in accordance
with Para. B of Article 1 of the said by-law, all
the banks, finance and credit institutions which are
licensed by CBI as well as all providers (of credit)
are obliged to supply the credit rating system with
all the information it requests. CBI, as the
regulator, oversees the activities of the said
company and all banks, authorized financial and
credit institutes are obliged to use the credit
rating reports of the company, which are notified to
them by CBI, for improvement of their credit
decisions.
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25 August 2010 |
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Black Tea Subject to Compulsory Standards |
Nourlaw.com (25 August 2010) -- The Institute
of Standards and Industrial Research of Iran (ISIRI)
has declared in a public notice that:
“By virtue of Note 1 of Article 6 of the Law of
Amendment of the Laws and Regulations of the
Institute of Standards and Industrial Research of
Iran, approved in 1371 (1992), and in implementation
of the decree of the High Council of Standards
(Infrastructure, Industry and Environment Affairs
Commission) dated 8/9/1388 (29/11/2009 ), obligatory
enforcement of the standard for black tea products
as per the pamphlet titled: Black Tea-Specifications
and Test Methods under National Standard Number 623
is hereby announced for public knowledge and
observation of these legal obligations:
A- The commencement date of the said standard shall
be the beginning of the year 1391 (20 March 2012).
B- Marking products that have a compulsory standard
is obligatory and supply and sale of such products
without the official emblem of Iran is forbidden.
C- Issuing of the permit for using the emblem for
production units requires meeting the general
conditions for production and compatibility of the
quality of the product with the related standard.
D- With respect to imported products, honoring all
the rules of compulsory standards and other current
laws and regulations is obligatory."
ISIRI is the sole organization in Iran that develops
and designates official standards for products. It
oversees implementation of the standards in the
areas of production and trade as well.
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25 August 2010 |
|
Import
of 170 Low Quality Goods Banned |
Nourlaw.com (25 August 2010) -- Mehr News Agency
reported on 24 August that the Iranian Ministry of
Commerce has prohibited the import of 170 specific
items. The complete list is as follows:
1.Toys with the brand name Animal World, made in
China
2. Toy dolls with brand name Prety Doll, made in
China
3. Lamp holder with brand name Vem, made in China
4. Automobile car light brand name MP Sport, made in
China
5. Notebook computer model CS118 with brand name
Sony, made in China
6. Electrical soldering iron with the brand name
Proskit, made in China
7. Ceiling fan with the brand name Mahpooya, made in
China
8. Battery with the brand name Tianqiu, made in
China
9. Notebook computer model PCG-3E2L(VGN-CS220J/W),
made in China
10. Spark plugs with the brand name NGK, made in
China
11. Parking lot set toys with the brand name 2228,
made in China
12. Vacuum cleaner with the brand name Hugel, made
in China
13. Pressure cooker with the brand name Tuna, made
in China
14. Inner tube for automobiles with the brand name
Balance, made in India
15. Swimming goggles with the brand name Jielai,
made in China
16. Gas-powered air conditioners model ESA12PS5NE,
brand name Electrolux, made in China
17. Cold rolled steel sheet with the brand name
Ferconetel, made in Kazakhstan
18. Notebook computer model PCG-3E2L(VGN-CS230J/Q),
made in China
19. Microwave oven with the brand name Electrolux,
made in China
20. Electrical multi-function kitchen appliance with
the brand name Micromax, made in China
21. Strawberry flavored carbonated drinks with the
brand name Robby Bubble, made in Germany
22. Notebook computers models PCG-3E2L(VGN-CS215J/Q)
and PCG-3E2L(VGN-CS215J/R), with the brand name
Sony, made in China
23. Notebook computer PCG-3C2L(VGN-CS230J/Q) with
the brand name Sony, made in China
24. Milking machine with the brand name Kurtsud,
made in Turkey
25. Insecticide with the brand name Hongjian, made
in China
26. Computer case with the brand name Speed, made in
China
27. Sewing machine with the brand name Janomeh, made
in China
28. Spark plugs with the brand name NGK, made in
China
29. Toy rattle with the brand name A2828-11144, made
in China
30. Electric kettle with the brand name Mingye, made
in China
31. Toy car, toy colored snake, yellow toy figurines
and mask with the brand CHILDRENTOYCAR,553, 729,
made in China
32. Toy with the brand name 9833, made in China
33. Toy animal set with the brand name Animal, made
in China
34. Toy rattle and flying saucer with the brand name
066,2008, made in China
35. Computer case with the brand name Power Zenith,
made in China
36. Industrial googles with the brand name Esab,
made in Taiwan
37. Bicycle with the brand name Aomeisi, made in
China
38. Television model KLB-37S400A, made in Malaysia
39. Printing and writing paper with the brand name
Unvoated, made in Korea
40. Electrical soldering iron with the brand name
Diesel, made in China
41. Rubber gloves with the brnad name HB, made in
China
42. Soccer ball with the brand name Boraxim, made in
China
43. Melamine dishes with the brand name Dining Set,
made in China
44. Re-chargeable vacuum cleaner with the brand name
Elegante, made in China
45. Radio set with the brand name Keribo, made in
China
46. Notebook computer model PCG-3E2L(VGN-CS290NAB)
with the brand name Sony, made in China
47. Notebook computer model PCG-3E2L(VGN-CS230J/W)
with the brand name Sony, made in China
48. Notebook computer model PCG-3E2L(VGN-CS22OJ/W)
with the brand name Sony made in China
49. Video projector model SXT-OL with the brand name
Eyevis, made in Germany
50. Printer model NX400 with the brand name Epson,
made in China
51. Sunglasses with the brand name Polar Eagle, made
in China
52. Automobile shock absorbers with the brand name
FM, made in England
53. Syringe for insulin LML brand name Pix, made in
Italy
54. Toy dolls 60018-2, made in China
55. Toy ball sets Model Sport Series, made in China
56. Melamine dishes with the brand name Mo, made in
China
57. Toy ball sets Model Sport Series, made in China
58. Toy car with the brand name First Speed, made in
China
59. Lamp holder with the brand name Cie, made in
China
60. Automobile lights with the brand name Osram,
made in Germany
61. Tires with the brand name Stalion, made in
Indonesian
62. Electrical hair iron with the brand name Gemel,
made in China
63. Color pencils with the brand name Fraternity,
made in China
64. Contactor with the brand name Telemechanique,
made in China
65. Autoclave model AD7-1-3A with the brand name
Neoclave Auto House AD7, made in Taiwan
66. Notebook computer model PCG-3E2L(VGN-CS90NFB)
with the brand name Sony, made in China
67. Notebook computer model PCG-3E2L(VGN-CS220J/W)
with the brand name Sony, made in China
68. LCD monitor model MT5XXX with the brand name
Sony, made in Taiwan
69. Plastic welding machine with the brand name
Elallar, made in Turkey
70. Threaded iron bars MM32 with the brand name
Fisico, made in UAE
71. Notebook computer model PCG-3G4L(VGN-CS325J/W)
with the brand name Sony, made in China
72. One-way electrical converter model WA with the
brand name Wonpro, made in Taiwan
73. Video DVR with the brand name KPRO, made in
South Korea
74. Notebook computer model PCG-3G4L(VGN-CS325J/Q)with
the brand name Sony, made in China
75. Notebook computer NW120 with the brand name
Sony, made in China
76. Notebook computer model PCG-3GH4L(VGN-CS325J/W)
with the brand name Sony, made in China
77. Notebook computer model PCG-35IC(PAVILION
DV4-1430US) with the brand name HP, made in China
78. Mechanical scale with the brand name S.K, made
in India
79. Laboratory scale with the brand name Kern, made
in Germany
80. Pocket scale with the brand name LT Series, made
in China
81. Thread colors with the brand name Solarus, made
in Taiwan
82. Autoclave with the brand name Runyes, made in
China
83. Pocket scale with the brand name LT Series, made
in China
84. Notebook computer DV4-1272 with the brand name
Strong GT Super Police, made in China
85. Notebook computer with the brand name Sony, made
in China
86. Notebook computer DV4-1430VS with the brand name
HP, made in China
87. Energy saving electric light bulbs with the
brand name Osram, made in China
88. Computer power supply with the brand name TCM,
made in China?????
89. Electrical home appliances diaper washer with
the brand name GT, made in China
90. Energy saving electric light bulbs with the
brand name Star Light, made in China
91. Toy hand tools set with the brand name 262, made
in China
92. Automobile lights with the brand name Hella Hid,
made in China
93. Home appliances grinding machine with the brand
name Black & Decker, made in China
94. Toy trucks with the brand name 6308, made in
China
95. Toys with the brand name 326-77, made in China
96. Toy guns with the brand name 2015, made in China
97. Home appliances electric oven, with the brand
name Johnson, made in China
98. Textile pigments with the brand name Scarlet FFG,
made in China
99. Safety shoes with the brand name Panoply, made
in China
100. Electrical warmer with the brand name Limra,
made in China
101. Computer power supply with the brand name West,
made in China
102. Notebook computer model NW120 with the brand
name Sony, made in China
103. DVR Video model TPB916 with the brand name
Hi-vision, made in Taiwan
104. DVR Video model 400 with the brand name Digicap,
made in China
105. Safety shoes with the brand name Best Step,
made in China
106. Motorcycle horn with the brand name Tekno, made
in China
107. Tires with the brand name Stalion, made in
Indonesia
108. Toy tanks, guns and whistles with the brand
name 775-3, made in China
109. Toy ball set with the brand name Stuffed Ball,
made in China
110. Home appliance hair stylers and hair dryers
with the brand name SH-Rose, made in China
111. Toy robots with the brand name A599, made in
China
112. Home appliances meat grinder with the brand
name New Life, made in China
113. Home appliances soldering iron with the brand
name Proskit, made in China
114. Lever controlled water faucet with the brand
name Benito, made in China
115. Automobile lights with the brand Kingtools,
made in China
116. Home appliances slow-cooker with the brand name
Duncan, made in China
117. Home appliances hair dryer with the brand name
Clatronic, made in China
118. Mobile battery with the code BL-5CA with the
brand name Nokia, made in China
119. DVR Video model P704 with the brand name
Hunter, made in Taiwan
120. Towing cables with the brand name Orona, made
in Spain
121. DVR Video models 8016, 7008, 4100, 5100 and
4200 with the brand name Alpha-tech, made in China
122. DVR Video model HA640 with the brand name Vio-net,
made in Taiwan
123. Autoclave model Tanzoe18, with the brand name
Woson, made in China
124. Notebook computer model CS390-CS325 with the
brand name Sony, made in China
125. Notebook computer model CS390-CS325 with the
brand name Sony, made in China
126. Notebook computer model NW240 with the brand
name Sony, made in China
127. Notebook computer model DV4 with the brand name
HP, made in China
128. Notebook computer model NW250 with the brand
name Sony, made in China
129 Notebook computer model NW270 with the brand
name Sony, made in China
130. Notebook computer model NW110 with the brand
name Sony, made in China
131. Notebook computer model NW228 with the brand
name Sony, made in China
132. Notebook computer model NW240 with the brand
name Sony, made in China
133. Notebook computer models NW240, NW250 and NW270
with the brand name Sony, made in China
134. Notebook computer models NW240, NW250 and NW270
with the brand name Sony, made in China
135. Notebook computer model AW390 with the brand
name Sony, made in China
136. Notebook computer model NW250 with the brand
Sony, made in USA
137. Notebook computer model 6930 with the brand
name Acer, made in China
138. Notebook computer model NW228 with the brand
name Sony, made in China
139. Lamp holder HY519 with the brand name Bahram,
made in China
140. Toy gun with the brand name JUN-02 , made in
China
141. Split air conditioner model FCCZW-CCT34 with
the brand name Pearl, made in China
142. Split air conditioner with the brand name Super
Gebson, made in China
143. Safety helmet with the brand name Safe, made in
China
144. Home appliances juicer with the brand name Ace,
made in China
145. Home appliances blender with the brand name
Magic Bulle, made in China
146. Split air conditioner Seven and 12000 with the
brand name GE, made in China
147. Toy hand tools set with the brand name 3532,
made in China
148. Volley-ball ball with the brand name Joe Rex,
made in China
149. Bed hanging toy for infants with the brand name
B21108, made in China
150. Home appliances vaporizer with the brand name
Classik, made in China
151. Ceramic tile with the brand name Compounde,
made in China
152. Home appliances hair iron with the brand name
Grundig, made in China
153. Home appliances meat grinder with the brand
name Brine, made in China
154. Toy gun with the brand name Fanny Gun, made in
China
155. Electrical toaster with the brand name Sven
Star, made in China
156. Miniature light switch with the brand name G&F,
made in China
157. Fan engine with the brand name Olmo, made in
Italy
158. Meat grinder with the brand name Gosonig, made
in China
159. Meat- grinder with the brand name Gosonig, made
in China
160. Electrical soldering iron with the brand name
Kirin, made in Taiwan
161. Textile color with the brand name Bluegl, made
in China
162. Rice with the brand name Mohsen, made in
Pakistan
163. Notebook computer PCG-3G4L (VGN-CS325J/Q) with
the brand name Sony, made in China
164. Car brake-lining Delica and oil filters Sem
with the brand name Delica-Sem, made in China
165. Single faucet with the brand name Kuatroplis,
made in Spain
166. CNG cylinder with the brand name Igvi, made in
Armenia
167. Notebook computer model DV4-1430VS, made in
China
168. Autoclave with the brand name Woson Tanda, made
in China
169. Weight scale with the brand name Kern, made in
Germany
170. Notebook computer PCG-3G4L(VGN-CS325J/W) with
the brand name Sony, made in China
Nourlaw. Com NOTE: All repetitions in the list of
the 170 banned items and other irrelevancies are in
the original Farsi text.
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18 August 2010 |
|
Iran Customs Decree on Evaluation of Goods Imported
under Different Foreign Exchange Methods |
Nourlaw.com (18 August 2010) -- Iran Customs in its
circular letter dated 203/73/814/113/67937/106198
has declared: ”For greater uniformity of practice
and the expeditious clearance of goods, with respect
to the different methods of assessing the value of
the goods imported under the modalities of “without
transfer of foreign exchange”, “free market foreign
currency” and “against export”, the procedures are
explained here below and it is requested that they
be implemented accordingly with complete observance
of the regulations.
1- With regard to the value difference of the goods
imported against export, if the value rating of the
customs is more than 20 percent above the stated
value, the difference in amount needs an export
license but does not require that the original
permit of the ministry of commerce be amended.
2- The same 20 percent value difference respecting
goods imported in the form of “collection” and “free
market foreign exchange” and certified by the
related bank does not require certification of the
bank amendment or amendment of the ministry of
commerce permit. However, at the time of clearance
the following phrase must be inserted: ”For the
attention of the bank opening this letter of credit:
The transaction value of the imported goods….. at ……USD
or…….. is confirmed”.
3- With respect to goods imported on the basis of
“without transfer of foreign exchange”, if the value
rating of the customs is more than 20 percent above
the stated value, amendment of the ministry of
commerce permit shall be required.
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10 August 2010 |
|
Price List for Imported Mercedes Benz Cars |
Nourlaw.com (10 August 2010) -- The Office for
Evaluation of Goods of Iran Customs, in its circular
letter number 183/24/206/4885/99157 dated
12/5/1389(3 August 2010) has declared that, "in
compliance with Note 6 of the Automobile Law and by
virtue of the minutes 403 dated 4/5/1389 (26 July
2010) of the joint committee of the Customs and the
Ministry of Industries and Mines, attached hereto,
please find the new price list for Classes A,B<CL of
the German-made Mercedes Benz cars of 2010”. The
list is as follows:
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10 August 2010 |
|
Import of Certain Drugs and Medical Treatment
Consumables Exempt from Value Added Tax |
Nourlaw.com (10 August 2010) -- Iranian
customs in its circular letter number
177/73/6107/722/81530/94578 dated 6/5/89 (28 July
2010) has announced that according to the VAT Deputy
of the Tax Affairs Organization, by virtue of Part 9
of Article 12 of the Value-added Tax Law, supply and
import of all kinds of drugs and medical treatment
consumables (for humans, animals and plants) are
exempt from payment of value added tax. The tax is
3% of the value of the related goods and services.
The decree of the customs adds that, “consequently
import of all types of drugs for animal consumption
such as the drugs to be used for husbandry and
poultry are not subject to value added tax. It
should be noted that for import of drugs used for
animals, cattle and poultry the permit of the
Veterinary Organization must be attached to the
customs clearance documents".
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10 August 2010 |
|
No
Limitation for Foreign Investors in Accessing
Foreign Exchange Reserve Account |
Nourlaw.com (10 August 2010) -- According to the
daily economic newspaper Abrar Eghtesadi, the Board
of Trustees of the Foreign Exchange Reserve Account
in a decree this week has amended the regulations
for foreign investors' accessing this account.
According to the decree the 25% ceiling set for
joint venture companies in enjoying facilities from
the reserve account has been eliminated and
hereinafter there will be no limitations in
extending facilities from the reserve account to
foreign joint venture companies. The account was
created some years ago for reserving oil revenue
surpluses that were to be used for extending low
rate loans to the private sector.
Elimination of the facility ceiling to the joint
venture companies is seen as an initiative for
increased attraction of foreign investments.
Industry and mines, agriculture, transport, services
(such as tourism), IT and the export of goods and
services are the sectors authorized to enjoy the new
facilities from the Foreign Exchange Reserve
Account.
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4 August 2010 |
|
Iran's Market Closed to Countries Enforcing
Sanctions |
Nourlaw.com (4 August 2010) -- According to the Fars
News Agency Iran's Industry Minister Aliakbar
Mehrabian has said that the import of consumer goods
from countries enforcing sanctions against Iran is
to be prohibited. In a report by the public
relations office of the ministry, Mehrabian added:
“The Iranian market shall be closed to the consumer
and junk goods of those countries which block the
export of technologies, machinery and equipment to
Iran”. He asserted that the machinery and equipment
needed domestically would henceforth be primarily
manufactured by domestic researchers, scientists and
industrialists while other needed items would be
procured from friendly states.
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21 June 2010 |
|
Iran Announces Establishment of Customs Union among
Russia, Belarus and Kazakhstan |
Nourlaw.com (21 June 2010) -- The Iran Chamber of
Commerce and Industries and Mines (ICCIM) has
forwarded a letter to Iranian Customs announcing the
establishment of the Russia-Belarus-Kazakhstan
Customs Union. Iranian Customs in its Circular
Letter number 95/55/25/108/83822 dated 23/04/1389
(14 July 2010) has notified all Iranian entities
engaged in international road transport, that the
newly formed customs union came into force as of 1
July 2010. The area of the said union covers the
entire territory of these countries and is
considered a single customs zone.
The TIR Carnet operations shall be implemented in
the union's territory and handle goods only at the
point of entry and the designated customhouses.
Exchange of data for settlement of carnets will be
undertaken and recorded electronically among customs
union members. Additionally the border between
Russia and Belarus shall effectively cease to exist
on 1 July 2010, and in the case of the border
between Russia and Kazakhstan it will gradually
disappear starting from 1 July 2010.
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2 June 2010 |
|
Iran and Qatar Sign Extradition Agreements |
Nourlaw.com (2 June 2010) -- The Iranian Official
Gazette published two agreements today that were
concluded between the Islamic Republic of Iran and
the State of Qatar. The measures are for extraditing
perpetrators of crimes and the exchange of nationals
serving sentences in either state. In the agreements
ratified by the Iranian parliament on 16/10/1388 (06
January 2010), each of the signatories is committed
to deliver to the other party persons sought for
prosecution or convicts sought for punishment and
the transfer of prisoners of the respective
nationalities to the requesting party. The
extradition and transfer will be carried out in
compliance with the conditions set out in the
agreements.
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12 May 2010 |
|
Iranian List of Specialized Customhouses for Import of
Goods |
Nourlaw.com (12 May 2010) -- Directorate
General of Transit Supervision in its circular
letter No. 41/55/73/102/33460 dated 19/2/89 (9 May
2010) has published the list prepared by the Import
Bureau regarding the specific customhouse for the
import of different kinds of goods. They are:
1- Medical Equipment: Customhouses of (1) Mehrabad
Airport (2) Imam Khomeini Airport (3) Shahid Rajaee
Bandar Abbas (4) Imam Khomeini Port (5) Oroumieh (6)
Sahlan. In addition, Shariar customhouse is allowed
to clear the said goods until the permanent
stationing of the representative of the Ministry of
Health in the designated customhouses is
accomplished.
2- Cigarette and Tobacco Products: Customhouses of
Shahid Rajaee Bandar Abbas Port (2) West Tehran (3)
Imam Khomeini Airport (4) Jolfa (5) Khorramshahr (6)
Chabahar (7) Qeshm (8) Bushehr.
3- Second-hand Road Construction Machinery: (1)
Shahid Rajaee (2) Khorramshar (3) Bushehr (4)
Oroumieh (5) West Tehran (6) South Tehran (7)
Esfahan.
4- Vehicles: (1) Shahid Rajaee Bandar Abbas (2)
Shaid Bahonar (3) West Tehran (4) Nowshahr (5)
Bandar Anzali (6) South Tehran (7) Bushehr (8)Imam
Khomeini Port (9) Chabahar (10 ) Shahriar (11)
Oroumieh (12) Sahlan (13) Mashhad (14) Esfahan (15)
Khorramshahr (16) Salafchgan (17) Genaveh (18)
Zanjan (19) Bandar Lengeh (20) Qazvin (21) Shiraz.
5- The Customhouses of West Tehran, Bandar Anzali,
Shiraz, Esfahan, Mehrabad, Shahid Rajaee Bandar
Abbas, Shahriar, Imam Khomeini Airport, shall be
allocated to the Ministry of Defense.
6- Mobile Phone Sets: (1) Mehrabad sections 1 and 2
(2) Imam Khomeini Airport (3) Payam Airport (4)
Esfahan (5) Shiraz (6) West Tehran and Shahid
Bahonar Customhouses are authorized to clear only
the accessories of mobile phones.
7- Customhouses Allocated to the Embassies: Mehrabad,
South Tehran, Mashhad, Shiraz, Tabriz, Esfahan,
Bushehr.
8- Gold and Jewels: (1) Mehrabad (2) Esfahan (3)
Tabriz (4) Mashhad.
9- Chinaware: (1) Bushehr (2) Khorramshahr (3)
Chabahar (4) Qeshm (5) Shahriar.
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12 May 2010 |
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Black
Tea Subject to Standardization |
Nourlaw.com (12 May 2010) -- The First Deputy
of the President has notified the decree No.
40831/23022 dated 4/2/89 (24 April 2010) to
ministries of commerce, industries & mines, and
agriculture and the standard organization for
implementation. According to the decree, as from the
beginning of the Iranian year 1389 (21 March 2010),
the standards outlined for black tea in the
notification shall be obligatory.
In light of the above, producers, retailers and
importers shall be subject to the new rules.
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5 May 2010 |
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Effectiveness
of Double Tax Avoidance Agreement between Iran and
the Republic of Azerbaijan
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Nourlaw.com (5 May 2010) -- Technical and
Legal Deputy of the Tax Affairs Organization in
circular letter No.210/1438 Dated 25/01/1389 (14
April 2010) has declared that with respect to the
Double Tax Avoidance and Barring Tax Evasion
Agreement and its related Protocol concluded on
26.08.1388 (17 November 2009) between the Islamic
Republic of Iran and the Republic of Azerbaijan, the
stipulations of the Agreement shall be applicable to
the revenues and capital accrued in Iran as from the
first day of the month Farvardin 1389 (21/3/2010)
and as from first of January 2011 in Azerbaijan.
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5 May 2010 |
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The
Law of Utilization of Facilities of the Foreign
Exchange Reserve Account for Rail and Public
Transport in Cities |
Nourlaw.com (5 May 2010) -- The law of
Utilization of the Facilities of the Foreign
Exchange Reserve Account for Rail and Public
Transport in Cities, passed on 22/10/1388 (
11January2010 ) by the Parliament and ratified on
15/11/1388 ( 4 February 2010 ) by the Expediency
Council, was published on 11/02/1389 (1 May 2010) in
the Official Gazette and shall be effective 15 days
thereafter.
According to this single article law “In line with
the Law of Protection of the City and Suburban Rail
Transport Systems, approved in 1385 ( 2006 ) and the
Law of Expansion of Public Transport and Fuel
Consumption Management approved in 1386 ( 2007 ) and
for the purpose of the Subsidy Targeting Bill, the
government is obliged to allocate one billion USD
(1,000,000,000) for securing the equipment and
construction of the Tehran and Suburban Rail Lines,
USD seven hundred thousand (700,000,000) for
securing the equipment and construction of city rail
lines of other cities having approved rail plans and
USD three hundred thousand (300,000,000) for
implementation of the transport and traffic master
plans of other cities until the end of the year 1389
(21/March 2010 – 20 March 2011) out of the Foreign
Exchange Reserve Account or under any other name in
the form of facilities and with due consideration of
the law on Maximum Use of Iranian Technical,
Engineering, Manufacturing, Industrial and Executive
Expertise and Capability for Implementation of
Projects and Provision of Facilities Required for
Export of Services approved on 2 March 1997, to the
respective municipalities. The said facilities are
recognized as the 50% share of the government and a
guarantee of 100% repayment of the same shall be
borne by the government. The Ministry of Economic
Affairs and Finance is obliged to put the aforesaid
resources at the disposal of the related
municipalities in the year 1388 ( 2009 ) or the year
1389 ( 2010 )”.
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21 April 2010 |
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Import of Tobacco Products without Health Warning
and Holograms Prohibited |
Nourlaw.com (21 April 2010) -- Ministry of Commerce on the basis of the
Decree No. 610072 dated 25/12/1388 (16 March 2010)
of the Ministry of Health and Medical Education, has
declared that as from the year 1389 (21 March
2010-20 March 2011), the sale and import of tobacco
products without the health warning and hologram of
the tobacco company shall be prohibited.
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14 April 2010 |
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National Budget of 1389 (21 March 2010-20 March 2011) on
Finance, Investment and Imports |
Nourlaw.com (14 April 2010) --The Iranian National
Budget for 1389 (21 March 2010-20 March 2011)
contains specific points related to international
trade. Excerpts:
1- Remaining allocations of approved buy-back
facilities and foreign financial facilities subject
to the Law of Utilization of Foreign Financial
Resources passed on 6/7/1384 (28 September 2005) and
the commitments of the Foreign Exchange Reserve
Account mentioned in the budget laws of past years
shall remain in force in the year 1389 (Part A of
Clause 3 of the Law).
2- For securing the foreign exchange funds needed in
its ongoing investment projects, the Oil Ministry is
allowed to issue, after approval of the Central Bank
of the Islamic Republic of Iran (CBI), and through
its related affiliate companies (in the areas of
oil, gas, petrochemical, refining and distribution)
Sukuk Islamic bonds and or foreign exchange
participation papers (bonds) on the international
financial markets respectively up to five billion
euros (5,000,000,000 EUR) for the national Iranian
Oil Company and up to one billion euros
(1,000,000,000 EUR) for each of the two companies
engaged in gas and refining and two billion euros
(2,000,000,000 EUR) for the Petrochemical Company.
The said companies shall be responsible for
re-payment and guaranteeing the principal sums and
interest of such papers (Part C of Clause 3).
3- For the purpose of investment in profitable
projects having technical, economic and
environmental justification, as well as for passive
defense, Industrial Development and Renovation
Organization of Iran (IDRO), Iranian Mines and
Mining Industries Development and Renovation
Organization (IMIDRO), the industries related to the
Ministry of Defense and the Armed Forces Logistics
and the transport industry are allowed to issue,
after approval of the Central Bank of the Islamic
Republic of Iran (CBI), up to two billion euros
(2,000,000,000 EUR) in the form of Sukuk Islamic
bonds and or foreign exchange participation papers
(bonds) on the international financial markets. The
said companies shall be responsible for re-payment
and guaranteeing the principal sums and interest on
such papers (Part D of Clause 3).
4- In implementation of Part 3 of Article 28 of the
Law of General Policies of Principle 44 of the
Constitution Law and for the purpose of opening a
credit line for increasing the share of foreign
exchange facilities of non-governmental sectors, the
Central Bank of the Islamic Republic of Iran is
bound to deposit seven hundred million dollars
(700,000,000) from its own foreign exchange sources
in the banks of Industry and Mines and Agriculture
in foreign currency and rial forms at most by the
end of the month Khordad 1389 (21 June 2010) for
payment to the production units and industrial and
mining projects (Part L of Clause 8).
5- Clause 15 of the law deals with importation. The
import of all manner of agricultural products which
act as substitutes for domestic products is allowed
with the effective tariff rates three times higher
than the past year. Should the shortage in domestic
agricultural products be removed, imports will be
allowed with the effective tariff rates two times
more than the past year. In the event that the
domestic production of agricultural goods is
sufficient for nationwide consumption, the import of
similar goods shall be permitted with the effective
tariff rates four times more than the past year.
Clause 15 notes that if the increase in tariffs
results in an unreasonable increase in prices, the
tariff shall be adjusted. Clause 15 also notes that
the import tariffs should be adjusted so that
smuggling of goods is reduced. In this respect, the
ban on import of cigarettes shall be lifted for
compensating the shortage of cigarettes on the
market. For creating a competitive market and
upgrading the quality of domestically-manufactured
cars, the import tariff for such vehicles shall be
reduced to 70%.
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7 April 2010 |
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Inclusion
of the Name of the Country of Manufacture a Must for
Imported Goods |
Nourlaw.com (7 April 2010) -- Iranian Customs in
Decree Number 73/73/847/113/865 dated 9/1/1389 (29
March 2010) has declared that for the accurate
implementation of Part 12 of Article 40 of the
Customs Affairs Law, as from 1/3/89 (22 May 2010)
inclusion of the name of the country of manufacture
on the goods to be supplied directly to the consumer
market shall be obligatory.
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2 February 2010 |
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Foreign Investors Free to Use their Names for
Corporations in Iran |
Nourlaw.com (2 February 2010) -- In a shift intended
to attract more foreign investment, the Iranian
government has softened its stance with respect to
restrictions imposed on using foreign names for
corporations formed by foreigners in Iran.
According to the Law Banning Usage of Alien Names,
Titles and Phrases approved on 4 December 1996
restrictions had been foreseen for those wanting to
use foreign names and wordings in commercial and
production activities.
Now, the Iranian Council of Ministers has decreed in
its decision No.H 42200T/213296 dated 29/10/1388 (19
January 2010) that: ”Firms producing goods under
special trade names in other countries, are allowed
when investing in Iran, to use the name of the
foreign company and the said special trade name
(brand) when they register the company making the
investment and offer the goods produced in Iran with
observation of other related laws and regulations,
and they shall have neither limitations nor
differences with similar domestic cases in promoting
such goods”.
The said decree shall be used as the Note of the
By-law of the Law Banning Usage of Alien Names,
Titles and Phrases.
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27 January 2010 |
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Refinance for Import of Certain Finished Products Banned |
Nourlaw.com (27 January 2010) -- In yet another
measure aimed at the protection of domestic
manufacturing and exerting greater control over
foreign exchange resources, the Iranian government
by virtue of Decree Number K4385T/207903 dated
12/10/1388 (2 January 2010) has banned the import of
certain foreign goods through refinance facilities.
The goods affected are finished foreign products
which are also manufactured in Iran.
Iranian commercial banks have been involved in
payment of short term foreign exchange facilities in
the form of refinance credit lines utilizing the
resources of their foreign branches and foreign
banks. In this particular method of refinance, the
foreign seller receives the price of the goods by
submitting the related documents to the respective
bank and the Iranian buyer pays the price in
instalments to the bank.
According to Bank Saderat Iran, since the profit
rate of this facility for the consumer is lower than
that of Iranian Rial facilities, it can be of
significant help to importers in reducing the cost
price of goods while assisting manufacturers in the
import of raw materials, spare parts and machinery
for production lines. As well as commercial
importers for import and purchase of consuming
goods, are the users of refinance.
The ceiling levels for utilization of refinance
credit lines facilities by real and legal persons
are advised by the Central Bank of the Islamic
Republic of Iran.
The maximum period of utilization of short term
facilities is one year after negotiation of the
relevant documents. At present, the minimum amount
of the LCs issued for refinance credit lines is USD
100,000 or its equivalent in other currencies.
At least 10% of the Rial equivalent of the principal
and interest of the refinance LC is obtained from
the applicant when the LC is opened. The cost of the
refinance facility fee is 1.25% - 2% above the
International LIBOR rate, depending on the time
limit and is to be paid by the applicant at the time
of repayment of the amount of the negotiated
documents.
Other fees related to opening the LC, the
negotiations involved plus management fees are paid
by the applicant in conformity with the contract
between the bank and the financer, based on current
regulations and considerations related to credit
risk and provision of services.
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20 January 2010 |
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The
Bill for Subsidy Targeting Ready for President’s
Implementation |
Nourlaw.com (20 January 2010) --
The
controversial government bill for subsidy targeting
previously sent to the legislature for approval, was
finally sanctioned on 15 Dey 1388 (5 January 2010).
After a series of modifications it was notified to
President Mahmoud Ahmadinejad for implementation.
The bill aims at decreasing and ultimately
eliminating the huge amount of subsidies paid
nationwide. The highlights of the legislation are:
According to Article 1 of the Bill, the government
shall be obliged to gradually rectify the price of
energy carriers (fuel) until the end of the m Fifth
Five Year Economic, Social and Cultural Development
Plan which has been recently submitted by the
government to the parliament for debate and
approval.
The said article stipulates that the domestic sale
price of petrol, gasoil, mazut, kerosene, LPG and
other oil derivatives, with due consideration given
to the quality of the carriers and the costs borne
(including transport, distribution and legal levies)
shall incrementally change until it would not be
less than 90% of the Persian Gulf fob price of the
product. The article adds that the average domestic
price of natural gas must be graduated so that by
the end of the Fifth Plan it is equal to at least
75% of the export price of natural gas after
deduction of transfer costs, taxes and levies.
The article adds that for promoting investment, the
average price of the natural gas feed of industrial,
refinery and petrochemical units shall be at most
65% of the export basket price of the origin of
Persian Gulf gas (without the transfer cost) for a
period of 10 years after approval of this law. In
another part of the article it is stated that the
average domestic sale price of electricity should be
determined so that by the end of the Fifth Plan it
is equal to its actual cost price. Note One of the
article states that with respect to the price of
electricity and natural gas, the government is
authorized to implement preferential prices taking
into consideration the geographic regions, type,
amount and time of consumption.
By virtue of Article 3 of the Bill, the average
water price for different consumption levels shall
be determined, with due consideration given to the
quality and manner of exploitation in the country
and shall be so graduated that by the end of the
Fifth Plan it equals the real cost price. As stated
in Note 2 of the article, setting preferential and
scheduled prices for different types of water
consumption according to geographical regions, type
and quantity of consumption shall be permitted.
In accordance with Article 4, the government is
obliged to implement the subsidies targeted with
respect to wheat, rice, edible oil, milk, sugar,
postal services, air and rail (passenger) services
in a regular manner until the end of the Fifth Plan.
Article 5 binds the government to provide flour and
bread subsidies to consumers who apply for them in a
convenient fashion at the amount foreseen in the
annual budget bills.
Article 7 permits the government to spend 50% of the
net proceeds accruing from the implementation of the
Law in the form of a cash and non–cash subsidy
payable to the head of all families while taking
into account the ceiling of the earnings of the
family, expansion and funding social security
schemes, medical services, improving the health of
the society, and providing medical treatment for the
chronically ill, providing assistance for housing
costs, strengthening the structure of existing
houses, improving employment, social aid etc.
As foreseen in Article 8 of the law, the government
is bound to expend 30% of the net proceeds accruing
from the implementation of the law. This shall be in
the form of contributions, subsidies for payment of
interest on financial facilities and loans for
optimization of energy consumption in industrial,
services and housing units and encouraging
economization on consumption. It shall also include
improvement of the technological structure of
production units for increasing optimized use of
power and water and compensation of a part of the
losses sustained by companies providing water and
sewage disposal, electricity, natural gas and oil
products. Municipalities and townships accruing
losses through implementation of the bill shall be
compensated as well. Expansion and improvement of
public transport, protection of the producers in the
agriculture and industry sectors, protection of
industrial bread, protection of expansion of non-oil
exports, development of electronic communication
services for reduction of unnecessary trips are also
foreseen.
As stipulated in Article 11, the cash and non-cash
assistance allowed for in this bill shall be exempt
from payment of statutory taxes, and according to
Article 15, for implementation of the bill an entity
shall be established as a duly authorized
governmental company under the name Targeting
Subsidies Organization.
Article 16 permits the government as from the next
Iranian year of 1389 (21 March 2010-20 March 2011)
to increase the salary tax exemption of workers and
employees, foreseen in Article 84 of the Direct
Taxation Act, to not more than double within five
years, in addition to the yearly increase of the
exemption.
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13 January 2010 |
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Iranian Government Bans Purchase of Certain Foreign
Goods |
Nourlaw.com (13 January 2010) -- In a new measure
intended to protect domestic products, the Iranian
Government by virtue of decree Number K43680
T/193567, dated 1/10/1388 (22 December 2009) has
prohibited the purchase of a significant list of
foreign goods by executive government agencies.
The catalogue of proscribed goods includes 121
items, among them solar water heaters, elevators,
conference microphones, iphones, edible phosphoric
acid, blank cds and dvds, buses, minibuses, vans,
trucks and bicycles. Also listed are textiles,
shoes, safes, refrigerators, washing machines,
electronic calculators, gas, water and electricity
meters, pumps for hydro air coolers, sugar, soap,
audio and video door opening devices, powdered milk
for infants, computers LCD monitors. fungicides,
newsprint paper, packaging industries, lamps,
factories for producing livestock feed and poultry
food, vacuum cleaners, cosmetics and hygienic
products.
According to the decree, a work group consisting of
the ministries of industries and mines, commerce,
oil, defense, health, agriculture and National Code
Center is preparing an additional list of prohibited
import goods.
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13 January 2010 |
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Implementation of Increased Rice Tariff Extended |
Nourlaw.com (13 January 2010) --
Iranian Customs in
its circular letter number
287/73/3103/103/237571/237906 dated 21 Dey 1388 has
declared that by virtue of the Council of Ministers
ruling on the increased tariff of imported rice, the
higher duty shall be extended to the end of the
current Iranian year (19 March 2010). Earlier, in a
measure to quell the growing discontent of domestic
rice producers, the government upped the import
tariff on rice in September 2009.
According to the declaration of the Ministry of
Commerce as of 22 Shahrivar 1388 (13 September 2009)
to 1 Dey 1388 (22 December 2009), the Commercial
Benefit Tax (CBT) was increased from 21% to 41% of
the CIF (cost insurance freight) value of rice
imported under the Harmonised customs codes
10061000, 10062000, and 10063000.
In light of the higher rice tariff, importers must
also pay 4% for entry dues and 3% for VAT which when
added to the increased CBT, would be nearly 50% of
the CIF value of the imported rice.
In the last few months, reports have circulated
alleging the contamination of imported rice,
especially from India and petitions were made by
local farmers in support for consumption of
domestically-produced rice.
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