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New Customs Exemptions for Business Jets in Russia
11 July 2011
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Effective July 17, 2011, business jets that have 19 or fewer passenger seats and basic operating weight between 2 and 20 tons will enjoy a full conditional exemption from customs duty and import VAT in Russia.
The new exemption applies if the aircraft is owned by foreign persons and operated within the Customs Union of the Russian Federation, Belarus and Kazakhstan on non-scheduled flights performed outside of commercial flight schedules without receiving income. This broadly refers to typical private flights that business jets perform.
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