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The advisory board discloses a new date for the implementation of the Customs Law in Iraq
Friday 12-06-2015
Twilight News / said the advisers in the presidency of the Iraqi ministers, that the Tariff Act will be applied in all border crossing points in Iraq, including the Kurdistan Region outlets early next August.
It was scheduled to begin the application of tariff or tariff law last May and which imposes additional financial duties on all goods to the interior of the country, some up to 30% in an effort by the Iraqi government to compensate for the decline in fiscal revenue due to low oil prices.
The government later decided to delay application of the law after objections broad shown by the provinces of the south.
The head of the Thamer Ghadhban to Twilight News "The Council of Ministers discussed the tariff law was decided that the application in all border crossing points, including the Kurdistan region outlets in next August."
Iraq relies on oil exports to the annual financial revenue by up to about 97%, and is seeking through legal legislation package to activate the industrial, agricultural and commercial side including Aamadmn find additional financial revenue along with oil revenues.
The Iraqi government launched an application procedures (Customs Tariff Act, the Consumer Protection Act, and the law of the national product) in implementation of the government program adopted by Haider Abadi, head of government to be implemented during the period of presiding over government protection.
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Friday 12-06-2015
Twilight News / said the advisers in the presidency of the Iraqi ministers, that the Tariff Act will be applied in all border crossing points in Iraq, including the Kurdistan Region outlets early next August.
It was scheduled to begin the application of tariff or tariff law last May and which imposes additional financial duties on all goods to the interior of the country, some up to 30% in an effort by the Iraqi government to compensate for the decline in fiscal revenue due to low oil prices.
The government later decided to delay application of the law after objections broad shown by the provinces of the south.
The head of the Thamer Ghadhban to Twilight News "The Council of Ministers discussed the tariff law was decided that the application in all border crossing points, including the Kurdistan region outlets in next August."
Iraq relies on oil exports to the annual financial revenue by up to about 97%, and is seeking through legal legislation package to activate the industrial, agricultural and commercial side including Aamadmn find additional financial revenue along with oil revenues.
The Iraqi government launched an application procedures (Customs Tariff Act, the Consumer Protection Act, and the law of the national product) in implementation of the government program adopted by Haider Abadi, head of government to be implemented during the period of presiding over government protection.
[You must be registered and logged in to see this link.]
