Home
Economists: customs tariff indirect taxes borne by the consumer
Date: Thursday, 04.19.2012 7:46
Basra / follow-up term
economists criticized the feet of the Ministry of Finance on the application of customs tariff law the end of next June, while the parliamentarians stressed the need to apply this law in the schedule. He said economic analyst Abdul Latif Salem Ugaili according to the Agency (news): A comprehensive economic plan to activate a solid summarized Kalzeraih key economic sectors, industrial and secure the local product.
Noting that the purpose of the application of customs tariff law is to support the national product, if there was not a local product, what the purpose of activating the law? , So you must ensure food and goods so as not to increase prices.
For his part, criticized the economic expert Majid picture resolution and the Finance Ministry to impose customs tariff on imported goods, they will increase their prices, which serve as indirect taxes borne by the simple Iraqi citizen.
said the picture (of the Agency news ): The time is not appropriate to apply the law of customs tariff on imported goods as it will serve the merchant and the detriment of citizens simple through the increase in commodity prices, and this will lead to economic problems in the country through high rates of inflation due to the weak purchasing power of citizens and increase prices in the Iraqi market.
added : The support of the local product and protect it come through the means of many other Kaafaúh of taxes and facilitate the importation of raw materials and the provision of infrastructure such as electricity, transport and communications, noting that the revenue will come from customs duties in one year up to (420) billion dinars, or approximately (150) million.
identified the Ministry of Finance first of June next date for the direct tariff customs for all goods entering Iraq to support the production, industry, local agriculture and the reduction of dumping bad.
The Act provides for levy of custom on imported goods, not included in the table of tariffs customs duties, by no more than 20% of its value, to be exempt samples and models that are not of commercial value, from customs duties, and took into account the law in the application of its provisions, the facilities afforded by the Investment Law No. 13 of 2006, as amended, on goods imported for investment projects exclusively, and comes in order to attract the greatest possible investment companies and businessmen to work in Iraq.
In the meantime, Member of the economy and investment Mahma Khalil Khalil's "Twilight News" that his committee has ensured tariff law clause provides for the allocation of revenue earned by the state of the customs tariff to support fund farmers and industrialists to raise the national product, as well as to support people with limited income.
Khelil said that the work the law of customs tariff will be as scheduled at the end of next June, noting that the citizen will be determined to continue to apply or not and not the House of Representatives and the government.
Khalilzad said that no country can deal with goods imported without the application of the law of customs tariff, stressing that the countries in the region is seeking not to activate the law to secure its interests in Iraq.
and that the work in the law of customs tariff is up to the Iraqi citizen, who will decide to continue or not if applied, the fact that it was associated with directly, "pointing out that the citizen demanded that the cancellation of customs tariff, the House of Representatives will come down to the desire and address the government to do so.
and show citizens concerns the application of the law of customs tariff of high food prices and commodities, especially low-income people whose numbers in Iraq in the last term on the back of the continued decline in the work of the private sector significantly, according to economists.
Iraq relies on imported consumer goods from neighboring countries like Iran, Turkey, Syria, and in Recently down the level of imports from Syria due to domestic turmoil that prevailed.
confirms economists that country is economically significant deterioration due to the activation code customs tariff has led it to dump the Iraqi market goods and goods of poor quality specifications as well as disruption of laboratories and factories, and increasing the proportion of the unemployed.
[You must be registered and logged in to see this link.]
