Latest in Tag: customs Highlight
Latest in Tag: customs
Customs amended to stimulate national industry, attract investment: Minister of Finance
Income tax on more than 150 types of production inputs
Finance Ministry records 19,256 cases of customs evasion worth EGP 5.362bn in 2021
In a statement issued by the Ministry of Finance on Sunday, Al-Shahat Ghatouri, the head of the Customs Authority, said that the number of customs evasion cases last year amounted to 19,256, with a total fines of EGP 5.362bn.
Companies operating with interim permits to be exempted from customs, taxes temporarily: Maait
New incentives contribute to supporting national industry, creating job opportunities: Finance Minister
Egypt’s Customs Authority denies entry of Bluetooth headphones pending Telecom Regulator’s approval
Egypt’s Telecom Regulator entitled to test, approve communication devices before importing
Automation of Egypt’s customs sped up to reduce foreign trade costs: Finance Minister
Ports will become transit gates for goods, rather than merely place for storage, says Maait
South Korea organises forum on Egypt’s tax, customs reforms
Forum discusses Egypt’s new Advance Cargo Information, e-invoicing systems
Egypt to bring on new leading customs staff to achieve economic targets: Finance Minister
All land, sea, and air ports will be connected through electronic ‘one-stop shop’ system
Egypt works on speeding up customs clearance, lab testing reports
Egyptian importers have criticised new customs law, although it provides new facilities, says FEDCOC official
Logistics centres in Dekheila and Port Tawfik to open by March end: Maait
New ports of Ismailia and Safaga to open before end of June
Egypt to link ports to customs one-stop-shop platform by June end
Customs brokers authorisations approved by banks are valid for 1 month, or until new customs bylaws issued, says Customs Authority representative
Government to accelerate inspection labs launch at ports to expedite customs release
Al-Sisi’s remarks came during his meeting with Prime Minister Mostafa Madbouly to follow up on the establishment of inspection laboratories at the country’s ports, according to the presidency spokesperson Bassam Rady.
Egypt’s tax, customs departments to be e-linked by June 2022 end: Finance Minister
Linking all Egyptian ports to electronic platform to simplify procedures, reduce cost of goods, and reduce customs clearance time to less than three days, says Mohamed Maait
SCZone regulates own customs system, launches electronic services platform
The move is an attempt to improve Egypt’s business climate through completing legislative frameworks, regulations and laws, and to help create an investment climate with more transparency in work procedures. It also meets the desires of investors working in the region.
Opinion| Key Changes to Egypt’s Customs Law
The new law, which will soon be published, includes many controversial changes and amends several provisions of the current law, especially in matters of addressing the carriers’ liabilities.
Kenya imposes 25% customs on Egypt exports, violating COMESA agreement
Trade exchange between Egypt and COMESA countries stands at approximately $2.5bn
Automation of Egypt customs system proceeds actively: Finance Minister
Electronic system will, for first time, be established to track goods until final release stage, says Mohamed Maait
Finance Ministry approves new customs facilities to stimulate investment
Customs Authority will grant “certified economic operator” label to those it deals with, says ministry statement
Automotive market anticipates impacts of eliminating customs on Turkish-origin cars
Turkish car prices expected to fall by 2.5% in 2020
Customs dollar liberalisation assures authorities’ trust in pound stabilisation: experts
Decision has a limited impact on market prices, says Abo Basha
Egypt scraps customs dollar; price to depend on CBE exchange rate
Government sources told Daily News Egypt that the decision was taken by the Minister of Finance, Mohamed Moeit, to unify procedures for all customs’ items.
Traditions, folk customs of Ramadan in Bosnia, Herzegovina
Geographically, Bosnia represents the central, eastern, western and Herzegovina regions of the Neretva river basin region.
Military Council wants Islamic law, customs as source of legislation
Egypt announced sending shipment of medical aid to Sudan’s people
Finance Ministry reduces customs dollar for non-essential goods to EGP 17.24
The Ministry of Finance reduced the customs dollar exchange rates for non-essentials goods to EGP 17.24 in May, down from EGP 17.385 April, while keeping its price unchanged at EGP 16 for strategic commodities, the ministry announced on Wednesday. In December 2018, Egypt announced ending the discounted customs exchange rate for some imported goods, which …
Parliament awaits new customs draft law for discussion
The State Council will complete within days reviewing the customs draft law, in preparation for sending it to the House of Representatives for discussion and approval, head of the Egyptian Customs Authority, Kamal Negm, said on Wednesday. Negm said the current law No. 66 was issued in 1963 and is no longer consistent with the …
Experiencing new challenges
Starting 2019, all European-manufactured vehicles have become duty-free after applying the last phase of duties’ exemption in accordance with the Egypt-EU Association Agreement which caused a notable decrease in vehicle prices ranging from 8% to 15%. Customers in the Egyptian market had high expectations that this step will push car dealers to significantly reduce prices …
Egypt to settle EGP 700m worth dispute between customs, Mercedes-Benz importer
Mercedes-Benz looks forward to resume activity, produce new models in Egypt soon: Scheffer
Removing European car import customs tariffs causes inertia in Egypt’s used vehicle market
First week of 2019: traders maintain prices, customers wait for reductions
Customs cuts will have negative impacts on feeder industries in Egypt
Egyptian industry qualified for global competition, absence of incentives main obstacles
Controversy over Egypt’s decision to end discounted customs exchange rate for some non-essential imports
Country a monthly fixed customs rate in January 2017, following flotation pound in November 2016
Customs on EU cars to be diminished in 2019 as planned: Nassar
Essential to start taking measures to protect national industry in country, says Shafei
