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INSTC
Executive by – Law of the Act regulating Traffic of Foreign Vehicles

The 149th Session of State Higher Council for
Coordination of Transportation Affairs (dated 24. Jan. 1996)
 
The Executive Terms of Note in Article 20 of Executive by – Law of the Act regulating Traffic of Foreign Vehicles
1-    Opening credits and purchasing goods on F.O.B (including FCA, FOB, EX.W and FAS) basis will not be subject to the Issue of permission by Ministry of Road and Transportation provided that all goods are carried by the Iranian marine, land and air vehicles.
Note: The Owners of main goods shall inform the state organization of terminals and Transportation through 15 day before the ship carrying goods enters the waters of Iran to determine unloading port.
2-    Opening credit and purchasing goods on C and F manner will not be subject to the Act provided that the cargo is carried by an Iranian vehicle, but a computerized permission of the ministry of road and transportation must be obtained before the opening of the credit.
3-    The permission of the ministry will not be required for opening credit and purchasing good in below mentioned.
Tonnage:
A-Marine consignment                 500 ton and less
B- Road consignment                    100 ton and less
C- Air cargo                                   500 K and less
Note: The custom of Iran shall convert 10% of freight fee on the basis of related document to Iran and deposit the treasuring account introduced by the organization when it releases the mentioned cargo carried by foreign fleet.
4-    Cargo whose origin ports of Persian Gulf and carried to Iranian destination port by boat shall not need to obtain the permission of the ministry and be exempted from payment of duty of this Act.
5-    As long as the Iranian fleet is not equipped by the facilities for carrying chemical materials on liquid bulk manner, the carriage of these materials by foreign fleet will be authorized in case the permission of the ministry is obtained without paying duties.
Concerning goods specially related to the organization of Defense Industries, the council decided that the goods related to this organization are exempted from paying duties of this Act incase mentioned goods are exempted from paying custom profit and duties of this Act incase mentioned goods are exempted from paying custom profit and duties according to approved Laws and regulations.
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