Second Amendment Act of the customs tariff law No. 22 of 2010, as amended

Second Amendment Act of the customs tariff law No. 22 of 2010, as amended

Monday July 22, 2013

Behalf of the people
Presidency of the Republic
Based on what passed the House of Representatives and approved by the President of the Republic
According to the provisions of item (I) of Article (61) and item (iii) of Article (73)
Of the Constitution.
Act the following: -

No. () for the year 2013
Law
Second Amendment to the customs tariff law No. 22 of 2010, as amended

Article - 1 -
The text of Article (11) of the customs tariff law No. (22) of 2010, as amended and replaced by the following:
Article - 11 -
First -
This law shall be in stages, and are selected and the designation of imported goods covered by each phase in coordination between the Authority General for Customs and the Committee on Economic Affairs of the Council of Ministers that does not exceed the time limit for the application of the final stage and access to the full application of the provisions of the law three years from the date of its publication in the Official Gazette.

Secondly - the Minister of Finance to instruct the implementation of this law.

Third - This law shall be as of 30/6/2012.

Article - 2 -
The text of Article (9) of the customs tariff law No. (22) of 2010, as amended and replaced with the following text:
Article - 9 -
First - The Law of the customs tariff number (77) for the year 1955 and is the Coalition Provisional Authority (dissolved) No. (54) for the year 2004 (trade liberalization policy of 2004).


Secondly -
Re working on the orders of the Coalition Provisional Authority (dissolved) No. (38) for the year 2003 (tax reconstruction of Iraq, as amended), and until the completion of stages of the application of the customs tariff law No. (22) of 2010, as amended.

Thirdly -
The provisions of CPA Order (dissolved) No. (38) for the year 2003 on imported goods set forth in the schedules of tariff of customs duties and agricultural calendar attached to the customs tariff law No. (22) for the year 2010 and until the average coverage of its provisions, and as the case may be.
Fourth - does not work any law or instructions or regulations inconsistent with the provisions of this law.

Article 3 -
This law shall be published in the Official Gazette.

Reasons
In order to allow sufficient time to provide the technical requirements necessary to implement the provisions of the customs tariff law and maintain the level of prices in the Iraqi market at the present time and protect consumers from price increase expected as a result of the implementation of the Act and to provide assurance the overall difficulty of the application of the law.
Initiated this law

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great news Lit!  Thx

undefined wrote:
Article 3 -
This law shall be published in the Official Gazette.

Reasons
In order to allow sufficient time to provide the technical requirements necessary to implement the provisions of the customs tariff law and maintain the level of prices in the Iraqi market at the present time and protect consumers from price increase expected as a result of the implementation of the Act and to provide assurance the overall difficulty of the application of the law.
Initiated this law

My favorite part of this!:cheers:   Soooo...we should see this like...today?

Thanks for the highlights lonelyintexas. Was hoping the same thing. That this is the 'giveaway' to a date/time of a rate adjustment.

Yes!!!!! Thanks Lit!

Thanks LIT

Thanks Rocky

sounds good....like to see a date when the tariffs will start....thx for the news guys..