Each company is entitled to keep 50 electric vehicles (EVs) in the bonded warehouse at the maximum, according to the notification of the National-level Leading Committee for the Development of Electric Vehicle and Associated Businesses issued on 8 August 2024.
The decision was made during the committee meeting held on 11 July 2024.
Under the guidance of the committee, the importation of EVs and related components, operation of city taxis and buses and construction of charging stations are being scrutinized and permitted during the pilot project period. Earlier, companies were allowed to store EVs in the bonded warehouse as per showroom quota prior to having import licences.
The companies need to seek import approval for EVs from the committee that will forward its approval to the Ministry of Commerce and obtain permits to store EVs in bonded warehouses along with import permits prior to shipment hereafter. The committee will inform the compliance of the bonded warehouses’ standard operating procedures working committee and submit bills of landing documents mentioning the bonded code to the Myanmar Customs Department before arrival at ports. At that time, the Customs Department will screen documents. The committee has notified those companies that pass the aforementioned steps that they are allowed to store 50 EVs at a maximum.
The companies need to send an acknowledgement letter of that notification unfailingly to the secretary of the committee by 15 August 2024. — NN/KK
