Regulations

Tariff List Proposed for Usance Credit Allocation for Imports

Iran's Trade Development Organization has submitted to the Central Bank of Iran a consolidated list of roughly 3,284 proposed tariff codes for usance (term) letter of credit allocation, covering machinery, equipment, spare parts, and production-related inputs across the ministry's industrial, mining, and general industries deputies, to speed up clearance and support production continuity.

Effective from
28 January 2026
Issued by
Trade Development Organization of Iran
Reference
No. 7060466

Iran’s Trade Development Organization, through the Deputy Minister and Head of the Organization, has submitted to the Governor of the Central Bank of the Islamic Republic of Iran a finalized, consolidated list of tariff codes proposed by the Ministry of Industry, Mine and Trade for usance (term) letter of credit (“barat-e moddat-dar”) credit allocation. The submission aims to facilitate and accelerate the country’s foreign trade process, with a focus on preserving and sustaining production, and covers essential equipment, production inputs, and production machinery and parts.

The proposed list totals approximately 3,284 tariff codes drawn from across the ministry’s industrial deputies. The Deputy for Machinery and Equipment Industries accounts for the largest share (1,586 codes), spanning production machinery and equipment (610 codes), medical and laboratory equipment (84 codes), electrical and electronic equipment industries (549 codes), and automotive, motive-power and transport industries (343 codes). The Deputy for Mining Affairs and Mineral Industries contributes 179 codes via its Mineral Industries Office. The Deputy for General Industries contributes 1,519 codes, split among the Chemical and Polymer Industries Office (860 codes), the Food, Pharmaceutical and Health Industries Office (335 codes), the Textile, Apparel, Leather and Cellulose Industries Office (197 codes), and the Household, Office and Stationery Goods Office (112 codes); the Center for Planning, Organizing and Supervising Tobacco Affairs contributes an additional 15 codes.

Sample entries on the list illustrate the scope, including electrical and electronic components such as lamp bulbs and parts (HS 7011), weighing-machine parts and displays (HS 8423), printers and printer components (HS 8443), computer and data-processing equipment including servers, digitizers, optical disc readers, motherboards and related parts (HS 8471, 8473), electric motors of various types and power ratings (HS 8501), and generators, including photovoltaic AC generators and gas-fired cogeneration units (HS 8501, 8502).

The letter requests the Central Bank’s review and necessary action to apply the usance letter of credit allocation mechanism to the listed tariff codes, and was copied to the Minister of Industry, Mine and Trade, the deputy in charge of commercial affairs, and relevant deputies for machinery and equipment industries, general industries, mining affairs and mineral industries, commercial services, planning and regulations, and financial and foreign-exchange services.

Key Details

  • Approval authority: Ministry of Industry, Mine and Trade
  • Responsible organization: Not specified
  • Classification: Circular
  • Affected procedure: Customs Clearance
  • Document number: 7060466
  • Unique identifier: 404110787173
  • Document date: January 21, 2026
  • Publication date: January 27, 2026
  • Effective date: January 28, 2026
  • Expiration date: Not specified

This summary is provided for orientation only. The official Persian text issued by the relevant Iranian authority is the governing version.