$hide=page-404

Algeria.. car prices drop by 20 percent

The government has amended the provisions of Article “9” of the Business Number Fees Law, by exempting the value-added fee ”TVA” on imported vehicles.

Car prices drop by 20 percent

 This includes vehicles whose capacity does not exceed one thousand and eight hundred cubic centimeters with a piston engine and spark plug and others with two thousand cubic centimeters.

This amendment came under the Finance Bill for the year 2022, which, in addition to the aforementioned vehicles, exempted from the “TVA” fee, other cars with a capacity of one thousand eight hundred cubic centimeters with a piston engine and spark plug and other two thousand cubic centimeters.

car prices drop by 20 percent

This decision will contribute to a decline in the prices of imported cars due to the reduction of this tax, which is estimated at about 20 percent of the value of the car. 2 million due to its exemption from value-added tax, which is estimated at approximately 20 percent of the total car price.

These decisions come at a time when the Algerian citizen is still waiting with great eagerness for the official launch to import vehicles less than three years old, which was included in the Finance Law for the year 2020, ratified by President Abdelmadjid Tebboune, and car dealerships are also waiting for the date of obtaining approval to start the manufacturing process. The local authorities, in the wake of the closure of the country’s highest authorities, all assembly factories whose owners are under arrest for their involvement in corruption cases, and specialists in installing the brands “Volkswagen”, “Seat”, “Hyundai”, “Kia” and others.

According to the same source, all products, including fuel, purchased locally for the official use of diplomatic or consular missions and international, regional and non-regional organizations benefiting from the diplomatic system and destined for the personal use of their diplomatic or consular agents, are exempted from paying the value-added fee. The application of the reduced value-added rate to the cinema hall entry ticket, which is translated by controlling costs and making cinema halls accessible to the largest possible number of audiences.

COMMENTS

Name

2035,1,2050,1,ACURA,1,ALFA ROMEO,1,ALFA ROMEO SCOOPS,1,ALFA ROMEO TONALE,1,ALGERIA,10,ALGERIA NEWS,9,ALGERIAN CAR MARKET,3,ALPINE,1,ALPINE A110,1,ALPINE SCOOPS,1,AMG,1,AUCTION,1,AUSTRALIA,2,AUTOMATIC,1,AUTOMOTIVE ECONOMY,2,BE PROFESSIONAL,9,BMW,2,BMW SERIE 2,1,BODYWORK,1,BRABUS,1,BUY,5,BUY USED CAR,1,CADILLAC,2,CADILLAC BLACKWING,1,CADILLAC CT5,1,CADILLAC VIDEOS,1,CAR,1,CAR CHECKING,1,CAR KEY,1,CHEVROLET,1,CHINA,2,CLASSICS,2,CZECHIA,1,CZECHIA NEWS,1,DISCOUNTS AND SPECIALS,3,DODGE,1,DODGE JOURNEY,1,DRIVING,1,ELECTRIC,7,ELECTRIC VEHICLES,8,ELECTRICAL MALFUNCTIONS,1,ENGINE OIL,1,F1,1,FACTORIES,1,FAST CARS,2,FAW ALGERIA,1,FIAT,1,FIAT TIPO,1,FOED,1,FORD,2,FORD BRONCO,1,FORMULA 1,2,FUTURE,1,GENESIS,1,GERMANY,4,GERMANY NEWS,2,GOODWOOD,1,HISTORY,1,HONDA,1,HYDROGEN,1,HYUNDAI,3,HYUNDAI CRETA,1,HYUNDAI IONIQ 5,1,I4,1,ID4,1,IMPORT CARS,1,INDIA,2,INDIA NEWS,2,JAPAN,2,JUAN MANUEL FANGIO,1,LOTUS,1,LOTUS ELISE,1,LOTUS EVORA,1,MAINTENANCE,7,MANUAL,1,MAZDA,1,MECHANICAL MALFUNCTIONS,2,MERCEDES,4,MERCEDES EQE,1,MEXICO,1,MINI CARS,1,MOTORCYCLES,1,MOTORS,2,MOTORSPORTS,1,MOVIE CARS,1,NEW CARS,12,NEW GENERATION,5,NEW TECHNIQUE,1,NEWS,13,NISSAN,4,NISSAN GT-R,1,NISSAN TOWNSTAR,1,NÜRBURGRING,1,PEUGEOT,1,PEUGEOT 308,1,PORSCHE,2,PORSCHE 718 CAYMAN GT4 RS,1,PORSCHE 928,1,PRICES,4,PRICES AND SPECIFICATIONS,4,PROBLEMS,4,REPORTS,1,REVIEWS,3,RICHIE HONEIN,2,ROLLS ROYCE,1,SAFETY,6,SAFETY TESTS,1,SALE,3,SALES,1,SCOOP,1,SCOOPS,3,SEDAN,1,SKODA,2,SKODA KAROQ,1,SKODA SLAVIA,1,SPECIFICATIONS,1,SPORT,2,SPORT CARS,3,STARS,1,SUPARU,1,SUV,4,SUZUKI,1,SUZUKI CELERIO,1,SWEDEN,1,TAXI,1,TECHNICAL MALFUNCTIONS,1,TECHNOLOGY,2,TEST,1,TIPS,7,TIPS BEFORE BUYING,5,TIRES,3,TOTOTA,1,TOYOTA,2,TOYOTA ALGERIA,1,TOYOTA PRIUS,1,UAE,1,UK,1,UNITED KINGDOM,1,UNITED STATES,2,UTILITARIAN CARS,1,VIDEO,1,VOLKSWAGEN,2,VOLVO,1,VW,1,VW ID.4,1,YAMAHA,1,
ltr
item
iTaouri: Algeria.. car prices drop by 20 percent
Algeria.. car prices drop by 20 percent
The government has amended the provisions of Article “9” of the Business Number Fees Law, by exempting the value-added fee ”TVA” on imported vehicles.
https://blogger.googleusercontent.com/img/a/AVvXsEjI-1m5YuN-2ZcaB-tbAhgw-ROZ113eej1qyuHQv1OJ_j02Ac0EzV5wY6Hgdzrl4hdFKskTZuGhvWFOGwMg1jSyFGEtsdU5q3iobpu2SEL4Ip2361EvZwCSIg_1oIHPUckn07Jab4KSG1YvIQynzy5SZYgKexYef-j7SJG3PGXsMHlqnjr0HoOoOs_m=s16000
https://blogger.googleusercontent.com/img/a/AVvXsEjI-1m5YuN-2ZcaB-tbAhgw-ROZ113eej1qyuHQv1OJ_j02Ac0EzV5wY6Hgdzrl4hdFKskTZuGhvWFOGwMg1jSyFGEtsdU5q3iobpu2SEL4Ip2361EvZwCSIg_1oIHPUckn07Jab4KSG1YvIQynzy5SZYgKexYef-j7SJG3PGXsMHlqnjr0HoOoOs_m=s72-c
iTaouri
https://www.en.itaouri.com/2021/10/algeria-car-prices-drop-by-20-percent.html
https://www.en.itaouri.com/
https://www.en.itaouri.com/
https://www.en.itaouri.com/2021/10/algeria-car-prices-drop-by-20-percent.html
true
1832887624613279879
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share to a social network STEP 2: Click the link on your social network Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy Table of Content