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Bakhtadze: The Excise Paid on Re-export of Cars Will be Completely Returned to Business

Bakhtadze: The Excise Paid on Re-export of Cars Will be Completely Returned to Business

Finance Minister names a new initiative for promoting automobile market.

“The excise paid on the re-export of cars will be completely returned to the business”, – Mamuka Bakhtadze said after the government session.

According to him, if re-export of vehicles will be made within 90 days after the import, 100% (instead of 50%) of the excise will be returned to the business.