Home
[size=33]Border crossings: The government took decisions to control revenues and transfers
In order to simplify procedures for importers[/size]
[You must be registered and logged in to see this link.]
[You must be registered and logged in to see this link.]
11:55 AM
[You must be registered and logged in to see this image.]
Zagros Arabia - Erbil
Today, Sunday (December 3, 2023), the Border Ports Authority clarified the mechanism applied to impose duties and customs tariffs on containers of goods and gold entering Iraq in accordance with the decisions of the Council of Ministers, indicating that these decisions come within the government’s measures to tighten control over revenues and financial transfers.
Major General Omar Al-Waeli said in a media interview carried by the official news agency and followed by Zagros Arabia: “Under the direct sponsorship of Prime Minister Engineer Muhammad Shiaa Al-Sudani, a decision was issued by the Council of Ministers No. 23672 of 2023 to support the commercial process in Iraq and regulate the import process, by imposing customs tariffs for... “It is important in providing financial revenues to the state treasury, and in order to simplify procedures for importers through our federal ports.”
He added, "The decision included the following:
1. The customs duty for a 20-foot container will be two million dinars in lump sums, and for a 40-foot container it will be 3 million dinars in lump sums.
2. Demarcation for divided goods without a container shall be according to the approved customs duty amounts.
3. The import license is suspended.
4. Obliging the General Authority of Customs to accept the certificate of origin and invoice issued by the Chambers of Commerce, relying on the national project for the electronic issuance validity system (QR), to facilitate procedures and ensure their validity.
5. The additional customs duty rate for tobacco and cigarettes was amended to be (20%), while the customs tariff rate was (10%).
6. Obligating the General Authority of Customs to match the coordinator code for the entering goods with the coordinator code on the SWIFT remittance platform on the transfer platform at the Central Bank of Iraq, and it is applied starting from (phones, cigarettes, and cars).
7. Customs matches the coordinator code for the remittance issued by Iraq with the imported goods code for the three goods above and asks the importer to prove the legitimacy of the financing, if it is from other sources outside Iraq.
8. The decision gave importers of goods (phones, cigarettes, and cars) a period of one month to correct the customs and legal status of their goods, after which joint committees would be formed from the relevant authorities, to investigate and inspect stores, shops, and roads that contain infringing goods, and to deal with them in accordance with the Customs Law and the Anti-Money Laundering Law. ".
He continued, “With regard to imported gold, Cabinet Resolution No. (23671) of 2023 was issued as follows:
1. The gold importer must be a company officially registered in the Companies Registration Department and allowed to transfer abroad.
2. Allowing the import of gold exclusively through air ports, and it shall be registered by customs and inspected and labeled by the Federal Central Agency for Standardization and Quality Control.
3. The fees and charges for importing gold were determined as follows:
A- Raw gold and bullion. The inspection fee for quantities of imported gold is 50 thousand dinars for every one kilogram, and 100 thousand dinars customs duties are collected for every one kilogram.
B - Gold jewellery, an amount of 250 thousand dinars customs duties shall be collected for every one kilogram, and 50 thousand dinars inspection fees.
C - Amending the controls for remanufacturing gold and re-exporting it outside Iraq.
D- Gold imported or exported in violation of the aforementioned controls is considered a violation of the law and is dealt with in accordance with the amended Customs Law No. (23) of 2018 and the Anti-Money Laundering and Terrorist Financing Law No. 39 of 2015. Joint teams are formed from customs investigation officers, the National Security Service, and the Organized Crime Directorate to investigate. Inspection of imported or exported gold is outside the controls.”
He concluded by saying: “The Border Ports Authority, being the regulatory and supervisory body over the work of the departments operating at the border crossings, is directly following up on the implementation to achieve the desired goals of the decision, and it is one of many steps taken by the government to tighten control over revenues and financial transfers.
[You must be registered and logged in to see this link.]
In order to simplify procedures for importers[/size]
[You must be registered and logged in to see this link.]
[You must be registered and logged in to see this link.]
11:55 AM
- [You must be registered and logged in to see this link.]
- [You must be registered and logged in to see this link.]
- [You must be registered and logged in to see this link.]
- [You must be registered and logged in to see this link.]
- [You must be registered and logged in to see this link.]
[You must be registered and logged in to see this image.]
Zagros Arabia - Erbil
Today, Sunday (December 3, 2023), the Border Ports Authority clarified the mechanism applied to impose duties and customs tariffs on containers of goods and gold entering Iraq in accordance with the decisions of the Council of Ministers, indicating that these decisions come within the government’s measures to tighten control over revenues and financial transfers.
Major General Omar Al-Waeli said in a media interview carried by the official news agency and followed by Zagros Arabia: “Under the direct sponsorship of Prime Minister Engineer Muhammad Shiaa Al-Sudani, a decision was issued by the Council of Ministers No. 23672 of 2023 to support the commercial process in Iraq and regulate the import process, by imposing customs tariffs for... “It is important in providing financial revenues to the state treasury, and in order to simplify procedures for importers through our federal ports.”
He added, "The decision included the following:
1. The customs duty for a 20-foot container will be two million dinars in lump sums, and for a 40-foot container it will be 3 million dinars in lump sums.
2. Demarcation for divided goods without a container shall be according to the approved customs duty amounts.
3. The import license is suspended.
4. Obliging the General Authority of Customs to accept the certificate of origin and invoice issued by the Chambers of Commerce, relying on the national project for the electronic issuance validity system (QR), to facilitate procedures and ensure their validity.
5. The additional customs duty rate for tobacco and cigarettes was amended to be (20%), while the customs tariff rate was (10%).
6. Obligating the General Authority of Customs to match the coordinator code for the entering goods with the coordinator code on the SWIFT remittance platform on the transfer platform at the Central Bank of Iraq, and it is applied starting from (phones, cigarettes, and cars).
7. Customs matches the coordinator code for the remittance issued by Iraq with the imported goods code for the three goods above and asks the importer to prove the legitimacy of the financing, if it is from other sources outside Iraq.
8. The decision gave importers of goods (phones, cigarettes, and cars) a period of one month to correct the customs and legal status of their goods, after which joint committees would be formed from the relevant authorities, to investigate and inspect stores, shops, and roads that contain infringing goods, and to deal with them in accordance with the Customs Law and the Anti-Money Laundering Law. ".
He continued, “With regard to imported gold, Cabinet Resolution No. (23671) of 2023 was issued as follows:
1. The gold importer must be a company officially registered in the Companies Registration Department and allowed to transfer abroad.
2. Allowing the import of gold exclusively through air ports, and it shall be registered by customs and inspected and labeled by the Federal Central Agency for Standardization and Quality Control.
3. The fees and charges for importing gold were determined as follows:
A- Raw gold and bullion. The inspection fee for quantities of imported gold is 50 thousand dinars for every one kilogram, and 100 thousand dinars customs duties are collected for every one kilogram.
B - Gold jewellery, an amount of 250 thousand dinars customs duties shall be collected for every one kilogram, and 50 thousand dinars inspection fees.
C - Amending the controls for remanufacturing gold and re-exporting it outside Iraq.
D- Gold imported or exported in violation of the aforementioned controls is considered a violation of the law and is dealt with in accordance with the amended Customs Law No. (23) of 2018 and the Anti-Money Laundering and Terrorist Financing Law No. 39 of 2015. Joint teams are formed from customs investigation officers, the National Security Service, and the Organized Crime Directorate to investigate. Inspection of imported or exported gold is outside the controls.”
He concluded by saying: “The Border Ports Authority, being the regulatory and supervisory body over the work of the departments operating at the border crossings, is directly following up on the implementation to achieve the desired goals of the decision, and it is one of many steps taken by the government to tighten control over revenues and financial transfers.
[You must be registered and logged in to see this link.]
» Iraq operates 'atomic cell', nears deal to build nuclear reactor
» Strategic Planning: Ministerial Change Depends on Al-Sudani’s Vision
» Amending the Election Law... a hot issue facing the next legislative session
» Parliamentary Finance Committee considers reconsidering the price of a barrel of oil in the 2025 bud
» In the picture.. The Central Bank records sales of more than $ 295 million in the currency auction
» Rule of Law: Most political forces support the proposal to amend the electoral law
» Prime Minister: Integration between the executive and legislative authorities is the essence of our
» Central Bank Governor: Prime Minister's support accelerated progress of Rafidain Bank restructuring
» Subsidized loans for Iraqi farmers to be launched soon
» Concerning Kurdistan.. Al-Iqtisad News publishes the text of the amendment to an “important paragrap
» (59) thousand tons of various materials were transported by the land fleet during the past month.
» OPEC+ group begins meeting online
» utube 12/5/24 MM&C Iraq Dinar News-Executive & Legislative Authority Integration-Full Support-
» Protecting the digital space.. Challenges of balancing individual security and freedoms
» Parliament declares its full support for Al-Sudani's government
» Work indicates the spread of the phenomenon of child labor
» Investment contracts to develop the agricultural sector
» Infrastructure and Services
» Experts: Iraq has become an attractive environment for investment
» Al-Sudani speaks "angrily" in parliament about "espionage" and describes it as the "lie of the centu
» New parliamentary meeting to study draft amendment to the budget law
» An expanded meeting at the Central Bank to discuss the restructuring of Rafidain Bank
» Al-Sudani: Iraq is one of the first countries in the world in volunteer work
» The crisis continues... no signs of a resolution on the controversial laws
» Parliamentary Finance: Satisfaction and optimism about the government program’s achievement rate
» Apart from Halbousi, Al-Siyada reveals the imminent announcement of the formation of a new political
» Parliamentary comment after hosting Al-Sudani in Parliament
» After regional tour.. Iranian Foreign Minister visits Iraq on Friday
» What is the possibility of the success of the State Administration Coalition's call to hold an inter
» Al-Sudani explains to Parliament the reasons for amending the Federal Budget Law
» Observers assess Al-Sudani’s “secret” parliamentary session: Important and came at a dangerous time
» Call for comprehensive reform of the banking system in Iraq on the occasion of the International Ban
» Parliamentary and Federal Integrity Discuss Mechanisms for Combating Corruption and Recovering Smugg
» Minister of Planning: The government is working to count Iraqis abroad
» Al-Sudani: The importance of amending the budget to address the issue of marketing oil from the Kurd
» House of Representatives discusses amending the federal budget
» Bitcoin exceeds $100,000 for the first time in its history
» Iraq tops list of countries in number of universities ranked by Times Higher Education Arab Universi
» Government acknowledges the spread of child labor in Iraq
» Dollar exchange rates in Iraq this morning, Thursday
» Al-Samarrai calls for supporting the liberated areas and praises the government’s efforts in the reg
» Why does Iraq import large quantities of gold?
» utube 1/3/24 MM&C-Iraq Dinar News-CBI Gov Monetary Position Excellent-Stop Gov Loans-Private Secto
» utube 1/2/24 Huge Event Coming: Currency Auction EndingRV/RI by Christmas?Dinar RV Updates [IQD Re
» utube 12/1/24 MM&C MM&C-Iraq Dinar News-Non-Oil Revenue-$62 Billion Investment-Halt Credit Activit
» The Minister of Labor announces the launch of the (My Protection Plus) application to submit the ann
» With Document.. Parliamentary Finance Committee Submits Retirement Age Amendment to First Reading
» Basra demands government for its revenues from ports and petrodollars
» About $280 million.. The Central Bank of Iraq’s foreign sales rise
» Al-Sudani and his ministers in a "secret" session in Parliament
» Parliamentary Finance Moves to Amend Retirement Age in Iraq
» Iraq officially signs a memorandum of understanding with Vodafone International to operate "5G"
» Bitcoin stabilizes near historic level, markets await Trump's moves
» Today.. Al-Sudani under the dome of Parliament to discuss these files
» Azerbaijan counts the value of trade exchange with Iraq and confirms its interest in these areas
» Al-Sudani in Parliament.. The economic file is on the agenda and the numbers "highlight" the reality
» Banks are the most traded sector in the Iraqi market in terms of value.
» Specialized Center for Combating Intellectual Terrorism
» The Council of Ministers takes a package of important decisions
» Coordination between electricity and oil to compensate for the shortage of Iranian gas
» Wasit Industrial City to be handed over to Turkish company
» Solving the problems of the private sector in Kirkuk
» Next year.. Establishment of the National Register of Missing Persons
» Transportation: Construction of a railway around Baghdad by 2025
» Alia Nassif demands the dismissal of the Iraqi ambassador to Kuwait and holding him accountable for
» Commerce holds the second specialized working session to update the Harmonized System
» Al-Ghariri calls on Turkish companies and institutions to benefit from available investment opportun
» Rafidain Bank warns its customers against dealing with fake pages and websites on social media
» Parliamentary meeting with the director of SOMO to discuss the kerosene crisis
» Postponing the "Pardon, Personal Status and Real Estate" Laws to Next Year.. MP Reveals the Reasons
» Official statement.. Al-Sudani as a guest of Parliament
» Iraqi analysis of the "mysterious" events in Syria: An American plan to "drain" Russia and the resis
» Reasons for delaying the passage of the new regional government.. The regional and international equ
» What is the possibility of the success of the State Administration Coalition's call to hold an inter
» State of Law Coalition rejects inclusion of 4 crimes in general amnesty
» General Amnesty.. “Progress” objects to two paragraphs and Al-Maliki’s coalition refuses to compromi
» Parliament announces details of hosting Al-Sudani
» Cabinet sets wages for employees outside working hours
» We will not stand idly by while extremist organizations and ethnic and sectarian cleansing operation
» Government Financial Advisor: Budget awaits amendments to conform to government program
» “A grave danger threatens our security”.. The Iraqi parliament directs an appeal to the countries of
» Mawazine News publishes the full decisions of the Cabinet session
» Iraqi Exhibitions: Extensive preparations to host the international session and complete constructio
» Southern Refineries announces resumption of production and confirms no gasoline crisis
» The government takes a decision on the port of Faw and its affiliated projects
» Al-Sudani's office issues a statement on what will be discussed during his hosting in Parliament
» MP: There is no complete law and there are many objections to controversial laws
» Governmental date to establish a national registry for missing persons and create a department for t
» Find out the exchange rates of the dollar against the dinar in Iraq
» Mr. Al-Hakim renews call to revive the "Made in Iraq" label
» On the occasion of World Banking Day.. A call for a comprehensive review of the work of banks in Ira
» A high-ranking security delegation arrives at the Iraqi-Syrian border strip
» Top 5 Leaps of Sustainable Economic Crises in Iraq.. Al-Sudani Speaks with “Numbers” as a Guest in P
» Parliamentary expectations that "all" controversial laws will not be passed in one session
» The Council of Ministers decides to suspend official work next Tuesday
» Emir of Kuwait calls on Iraq to correct usage in Khor Abdullah
» Echoes of Trump’s Threats: Iraq Considers Its Future Away from the Dollar
» Al-Maliki reveals changes in the general amnesty law