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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Traders are taking advantage of legal loopholes exempting them from the payment of customs duties

    Rocky
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    • Post n°1

    Traders are taking advantage of legal loopholes exempting them from the payment of customs duties Empty Traders are taking advantage of legal loopholes exempting them from the payment of customs duties

    Post by Rocky Thu 25 Feb 2016, 7:15 am

    [size=30]Traders are taking advantage of legal loopholes exempting them from the payment of customs duties[/size]
    25/02/2016 12:59 | 
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    Direction Press / Baghdad
    After the federal government announced the activation of the customs tariff law requiring all border crossing points to be applied in order to increase state revenues in the current financial crisis experienced by the country as a result of lower oil prices, but some traders took advantage of some of the legal loopholes which concluded with some countries that grant trade agreements exemption from customs tariff as well as falsification of some official papers to make it within the exempted from paying fees.
    He says economist Maytham and coffee in a press statement, that with the start of the application of the customs tariff law of some of the challenges have emerged, including that Iraq has free trade agreements between Arab countries granted exemption from customs tariffs.
    He said Iraqi traders took advantage of the gaps to get exemptions Kmarkip, which would deprive the Treasury of significant resources, and that some Cisara to falsifying papers to prove what makes him within exempted from paying customs.
    He added that "it would take to cut the road to those, and because these agreements have affected the Iraq always benefit those countries that are working to freeze such agreements and unify the work of the customs tariff law to include everyone and all the ports and without exceptions."
    For its part, the Committee on Economy and Investment parliamentary ruled out that some traders taking advantage of some of the legal loopholes for not including them in the customs fees on goods, stressing inclusion of all imported goods except customs tariff pertaining to the investment sector.
    A member of the committee MP Ahmed Salim in a press statement that the customs tariff law covering all imported materials and any state except for materials pertaining to investment, where relieved law possessors investors an investment license from the excise tax and customs for 10 years, adding that if there were exempted dealers This fee is a violation of the law.
    He added that there are no agreements between Iraq and some states exempt some goods from customs tariff, because the principle of free trade in the WTO that Iraq will be a free market for the exchange of goods, but that does not mean that the organization imposed on Iraq to exempt certain countries or goods from customs duties.
    The committee of economy and investment representative, confirmed earlier lack of legitimacy of the government to exempt some imported materials from customs duties without modification of the customs tariff law by Parliament.
    Said committee member Rep. Najiba Najib, said that although the customs tariff law has been enacted years ago, but has been applied in the current year, given the economic and financial circumstances of the country.
    She added that the government can not exclude that some of the imported goods from customs duties unless there is an amendment to the law of customs tariff by the House, saying that if the temporary exception there is no objection to the government that excludes according to a specific period. The sa

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