Parliamentary Finance: customs tariff will be applied "in spite of objections"

by day dreamer Tue 28 Apr 2015, 7:36 am

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Post n°1

Parliamentary Finance: customs tariff will be applied "in spite of objections"

by day dreamer Tue 28 Apr 2015, 7:36 am

04/28/2015 (00:01 pm) -

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BAGHDAD / Amer Mohi

Confirmed in a parliamentary finance committee member, on Monday, that the reactivation of the customs tariff law will be applied "in spite of the objections," stressing that the Iraqi economy will not rise, but the existence of the tax system, as called for Baghdad Chamber of Commerce to "transparency" in dealing with the goods that enter to the country.

A member of the parliamentary finance committee pros Hamadoun told the "term" that "the Iraqi economy will not stand up, but when you apply the tax and customs tariff system", adding that "the right of the state taking a percentage of the money at the entry of goods into the country."
She said Hamadoun saying that "Application of the customs tariff system will be after the completion of the problems related to the budget, because the Council of Ministers announced the rejection of some of the budget pertaining to financial matters items."
She stressed that "the customs tariff law applies to everyone without discrimination, despite objections to the application," asking for "the imposition of tariffs customs on goods similar to Bbakh countries of the world. "
She explained that "the application of the tariff contributes not to import some materials that can be produced locally system."
For his part, said the Board of Directors of the Baghdad Chamber of Commerce member Maitham Yasiri told the "term" that "the application of customs tariffs affect positively on the Iraqi economy in case of work done transparently and according to clear mechanisms at border crossing points. "
The Yasiri that "the customs tariff is part of the negotiation of the WTO entry wto requirements," pointing out that "the lack of central government control over the border crossings will lead to increase in administrative corruption and the use of the corrupt. "
He noted that "the situation of the Iraqi citizens do not qualify for the application of the customs tariff because it would lead to increased prices and will be adding new costs to the consumer."
He added that "the rules and regulations and tariff does not proceed from the reality of the market and the needs and product devise realistic state of the economy but is ready templates apply to stable economies, "explaining that" these regulations study and regulations had been in times radically different from the current economy after the war on Daash and lower oil prices and the budget deficit, causing disorder and not downright balance in the physical and practical details. " The Council of Ministers announced on Tuesday (February 3, 2015), agreed to the inclusion of imported goods and materials which are found those of Iraqi companies, customs tariff law, and while pointing to the formation of a ministerial committee to prepare a draft to amend the provincial Law No. (21) as amended and stop all actions of Before the provinces until the ratification of the amendments, confirmed the allocation of 500 million dinars for the club Arbil to participate in the Asian Club Championship.
The council said in a statement received (range Press), a copy of "The Board approved the recommendation of the Committee on Economic Affairs on the inclusion of goods and materials imported all Product those of companies general and the Iraqi mixed own all customs tariff number Law (22) for the year 2010 ".
He Council to "the formation of a ministerial committee headed by the Prime Minister or his nominee for the preparation of a draft to amend the provincial Law No. (21) the rate of ministries covered by the law and are stopping all measures by the provinces until the ratification of the amendments under the voting that took place in the Council of Ministers to withdraw the appeal provincial No. law (21) the rate of the Federal Court. "
customs and tariffs are taxes levied on goods imported by the state on the other, and used several customs tariff countries to protect their industry from foreign competition and by raising the prices of imported goods, so the customs tariff encourage local industries to increase production, and forced citizens to pay higher prices if they wish to imported goods, and the Ministry of Finance has adopted a fee new Kmarkip on imported goods. This measure provoked mixed acts between economists, investors and traders in the area of impact on the reduction of the entry of imported goods and high prices.
The Ministry of Finance announced on December 30, 2014, that the imposition of customs duties on imported goods will be starting from 2014, and by no more than 20% of its value, indicating that the fees will be imposed at all border crossings, including the Kurdistan region.
The Council of Ministers decided, in (January 7, 2014), modified its previous decision and implementation of the tariff in stages, and that it would not include food, construction, clothing, agricultural supplies and materials related to domestic industries.

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Last edited by day dreamer on Tue 28 Apr 2015, 7:55 am; edited 1 time in total

by lonelyintexas Tue 28 Apr 2015, 7:39 am

lonelyintexas

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Post n°2

Re: Parliamentary Finance: customs tariff will be applied "in spite of objections"

by lonelyintexas Tue 28 Apr 2015, 7:39 am

The Yasiri that "the customs tariff is part of the negotiation of the WTO entry wto requirements," pointing out that "the lack of central government control over the border crossings will lead to increase in administrative corruption and the use of the corrupt. "

That's a good one, I like that WTO line in the article.
Thanks
LIT
yes