07/01/2011 Iraqi Finance: Adoption of the law will end the customs border problems by 80%
Baghdad - The Ministry of Finance of Iraq, Tuesday, that the law of customs in the event passed by the Iraqi parliament would end the problems of border crossings by 80%.
He said Undersecretary Zia Alckheon Kurdistan News Agency (Rn) that "the Iraqi Finance expects that the Iraqi parliament to read the law and customs and then passed a view to removing 80% of the obstacles facing the work of customs at border crossing points and airports."
The House of Representatives voted on the former Iraqi law and customs duties which would impose a fee on imported goods is contained in the tariff schedule of customs duties by not more than 30%.
"The Supplementary Act, which regulates the management of customs will reduce the phenomena of corruption and give a clear picture of the work of the customs border and how the various qualities of the entry of goods into the country."
And gives the Tariff Act of the Council of Ministers upon the request of the Federal Minister of Finance modified duty set forth in the table of tariff and agricultural calendar attached to this law in cases of emergency need for economic and monetary action is warranted protection or treatment.
The text of the Tariff Act's new, approved by the Iraqi presidency last year and awaits approval of Parliament to repeal the tariff number (77) for the year 1955, and ordered the Coalition Provisional Authority (now defunct) (No. 54) for the year 2004 (the policy of trade liberalization in 2004), and ordered the authority Alliance No. 38 of 2003 (tax the reconstruction of Iraq and its amendments), and stressed that does not work in any law or regulation or regulations inconsistent with the provisions of this law.
He said Undersecretary Zia Alckheon Kurdistan News Agency (Rn) that "the Iraqi Finance expects that the Iraqi parliament to read the law and customs and then passed a view to removing 80% of the obstacles facing the work of customs at border crossing points and airports."
The House of Representatives voted on the former Iraqi law and customs duties which would impose a fee on imported goods is contained in the tariff schedule of customs duties by not more than 30%.
"The Supplementary Act, which regulates the management of customs will reduce the phenomena of corruption and give a clear picture of the work of the customs border and how the various qualities of the entry of goods into the country."
And gives the Tariff Act of the Council of Ministers upon the request of the Federal Minister of Finance modified duty set forth in the table of tariff and agricultural calendar attached to this law in cases of emergency need for economic and monetary action is warranted protection or treatment.
The text of the Tariff Act's new, approved by the Iraqi presidency last year and awaits approval of Parliament to repeal the tariff number (77) for the year 1955, and ordered the Coalition Provisional Authority (now defunct) (No. 54) for the year 2004 (the policy of trade liberalization in 2004), and ordered the authority Alliance No. 38 of 2003 (tax the reconstruction of Iraq and its amendments), and stressed that does not work in any law or regulation or regulations inconsistent with the provisions of this law.
