Iraq begins applying customs tariffs starting Thursday, Jan 2

The Interior Ministry announced, on Monday, that the imposition of customs duties on imported goods will be starting from the year 2014, and by no more than 20% of their value, indicating that the fees will be imposed on all border crossing points, including the Kurdistan region.

The interior ministry said, in a statement posted on the website of the Ministry of Interior, said that “the imposition of customs duties on imported goods will be starting from 2014, and by no more than 20% of its value in all border crossing points, including the Kurdistan region.”

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Iraq’s Finance Committee pleased to see Tariff Act implemented; Pushes for more laws to benefit private sector

Parliamentary Finance welcomes the decision of the application of tariff and calling him a “right”

12/11/2013 21:27
Tomorrow’s Press / Baghdad, described the parliamentary Finance Committee, on Wednesday, the government’s decision to apply tariffs to “right” demanding legislation to ensure that all laws supporting the private sector.

Iraq Minister of Planning: Tariff law will apply to certain items beginning Jan 2, 2014

Minister of Planning for “time”: We will apply the customs tariff with effect from the beginning of January next

Published on Tuesday, 10 January 1 / December 2013 09:54

Finance Committee proposes suggestions on the application of customs within the country

Date posted 03/05/2013 06:12 PM

The Finance Committee member suggested Deputy National Secretary of the Alliance, General Customs authority procedures on imported goods within provinces and cities to prevent delay entry of goods and their accumulation in border ports.

Hadi said in a press statement: “the Customs General Authority procedures not applicable at all border crossing points, particularly in Kurdistan, this is unfair to some importers subject to procedures and delayed entry of goods and other northern ports passed without complications”.

Economic Committee: Customs did not complete its preparations for the application of the law of customs tariff

A member of the parliamentary economic committee Amer Al-Fayez said the law of customs tariff law was not enforced until now because the end of the General Authority for Customs preparations for its implementation.

Conflicting government positions on the application or reject the law of customs tariff

Date: Thursday, 06/09/2012 07:34 am

conflicting views and interpretations about the law of customs tariff between pro and exhibitions, among sees the application of this law in the interest of the citizen and the state alike, and prepared is influential in the prices of goods and thus their negative impact on the citizen directly in the face of limited income Avg.

The parliamentary economic plans a new mechanism for the application of tariff law

Erbil, July 21 (Rn) – The Member of the economy and investment, on Saturday, the intention of its Committee held an extensive meeting with representatives from the ministries and institutions on the Law of the customs tariff to discuss the possibility of its application without impact on the citizen and determine the timeframe for its implementation. According to a statement.

Parliamentary Committee confirms its insistence on the application of tariff law

On: Tuesday 17/7/2012 1:08

confirmed member of the Finance Committee in the House of Representatives Majida al-Tamimi said its committee is determined to apply the law of the tariff during the current year, referring to host the Minister of Finance in the coming days to find out the reasons to wait.

said Tamimi said in press statements that the Tariff Act has been postponed twice during the current year by the federal government, noting that the first delay last February was the result of the lack of citizen awareness of how to apply in addition to relevant government institutions are not eligible to apply the law Vtm postponed to the end of last June.

Applying Tariff law necessary to revive national industry, says MP

Tuesday, 05 June 2012

Baghdad (AIN) -MP, Abdul Hussein Resan, the member of the parliamentary Economic and Investment Committee revealed that “The traders are the only beneficiaries by neglecting applying the Tariff Law in Iraq,” clarifying that “All goods and materials are imported from bad origins.

Resan added “Iraq, in recognition of all its governmental departments, follows a dumping policy in importing very poor goods.”

Economists: partial tariff application. Proposal to end the controversy started

Date: Sunday, 03-06-2012 12: 07 pm

Baghdad (News)/report/Hussein Faleh/… Different views of members of the House of representatives and Government officials mentioning about the application of the customs tariff law in time, as opposed to some and others, insisted by deputies and experts is partially implemented.

Iraqi Gazette as of June 30, 2012: Customs Tariff Law

Customs tariff law No. (22) for the year 2010 average
in Federal Customs Posts

Law / Document Number (ID): 22

Type of Law: Law

Date Issued: 10 Feb 2010

Date Published: 6 Dec 2010

Economists claim to study the reality of the market and the impact upon the application of tariff

02/06/2012 0:00

Baghdad-Sabah
reiterated a number of those interested in economic affairs invited to study the reality of the local market traders and orientations towards the customs tariff and its impact on the reality of the market, wondering about the knowledge of applicants applying this approach the mechanics work border crossings and how it is Dealing with incoming goods to the country.

Economist: activation of the local product is necessary to make the Tariff Act effective

Date: Monday 21/05/2012 12:04

Baghdad (news) .. Suggested that the analyst and the economist nice Abdel Salem Ugaili set clear economic policy according to scientific plans to ensure the activation of important economic sectors coincide with the application of the Tariff Act, noting the difficulty of implementing the law, without the presence of local product contributes to the insurance requirements of the society.

Economic interactions on the adoption of tariff

19/05/2012 0:00

With the start of the countdown to apply

multiple financial revenues of the country has become a trend and target sectors and public sectors to achieve growth in production and service sectors, and one port achieving imports is adoption of the customs tariff, which applies during the coming period, despite the different views on this subject. the those concerned with production standing in a row adoption of the customs tariff, Palmqalbul find traders in a row against them does not favor its adoption at this time and extended this view to some government agencies that are not likely achieve the benefit envisaged from such a decision, because the heaviest burden will fall on the shoulders of the citizen is limited inside (according to speakers).

MP says law requires the application of tariff law

Required to accelerate the application of customs tariff

On: Tuesday 15/5/2012 7:15

Rejected by the Economic Committee in the House of Representatives Abdul-Abbas Xiaa proposals to postpone the application of the customs tariff

A broadly according to the Agency (news) The law of the customs tariff is important to support the national economy, calling for the Ministries of Finance and Planning to create requirements and mechanisms, which obliges the State to implement the law, Cglq borders and protect the border crossing points, stressing on the application of Law No. (23) for the year (1985) and that link to imprisonment and fines for those who enter the goods without being subject to fees Kmarkip.

Member of the Economic Commission: postponement of the tariff would destroy the national economy

Rejected by the Economic Commission for the National Alliance MP Abdul-Abbas broadly, the proposals to postpone the application of the tariff, criticizing those who call to postpone it, describing them as “do not understand the meaning of the law.”

Director of Light Industry Co. warn the government of ignoring the law of customs tariff

11/05/2012

Baghdad: JD appealed expert Ihsan Salloum Managing Director of the Light Industry Co. one of the mixed sector companies the Iraqi government to provide adequate support and necessary for the continuation of work and production company in particular and to promote and improve companies mixed sector in general and that the state owns shares in 51% and for being one of the companies prestigious and first in the industry home appliances brand Ishtar.

Economic analyst: the need to develop local products to enhance the activation of the Tariff Act

Called for an economic analyst for the spectrum Abdul Salem Ugaili to the need to pursue administrative leadership economic policies, according to plans of scientific organization; to ensure a favorable environment for the task of promoting the various sectors of the country’s economic, warning to the difficulty of implementation of the Tariff Act on goods and goods imported for the time being without the contribution of the local product Some in the insurance needs of the population.

Businessmen Union underlines the importance of applying the law of customs tariff

05/05/2012 12:30
Businessmen Union stressed the importance of applying the customs tariff law to promote the reality production in the country.

The head of the Union is willing Blibl at a seminar hosted by the Iraqi Institute for Economic Reform on Saturday and attended by “the gate of Iraq” that “the application of the customs tariff law is crucial and urgent to promote the reality production in the country.”

Finance Committee: customs tariff law will contribute to the reduction of the dollar

BAGHDAD / Baghdadiya News / .. Parliamentary Finance Committee suggested the devaluation of the dollar after the application of customs tariff law.

A member of the Finance Committee Magda Tamimi / of the Baghdadi News /: of the positives of the Law of Customs is to contribute to raise the value of Iraqi dinar and reduce the U.S. dollar in addition to the control of imports of the country, because the hard currency out out of the goods is essential and the origins of poor and expensive more than to be useful.

Parliamentary economic committee: We fear there will be more cons than pros in light of new laws issued

Tuesday, April 17 / April 2012 11:48

Expressed member of the parliamentary economic committee Nahida Daini fears that there are more cons than pros in light of new laws that were not issued if there is a step by the government of Iraq to build the house before that there will be decisions that affect the citizens, she said. ”

Economist: Tariff tax needs to be simple for citizens

Economists: tariff indirect taxes borne by simple
Date: Monday, 16-04-2012 12: 49 pm

Baghdad (News)/report/Hussein Faleh/… The effects of the decision apply tariffs on imported goods to Iraq controversy among economists.

Some expressed fears of rising prices of materials and goods and raise inflation, while others felt that it was necessary to protect the product and prices will revert gradually to its parent after its application.

Parliamentary committee: tariff system will [support] Iraq’s entry into WTO

Baghdad, March 23 / March (Rn) – The Commission on economy and investment representative, on Friday, Iraq, that the application of the system will enter the customs tariff within the WTO, noting that the government is obliged to take action to protect the economy and lack of high prices.

The Finance Minister Rafie al-Issawi, announced last week, the identification of the first of next June as the date for the work of the customs tariff system in Iraq after being postponed twice, “stressing that” this time can not be delayed by the work. ”

Resan: you must apply the law of the customs tariff to support the local product because most goods in the market quality is not good

The member of the parliamentary Economic Committee on the mass of Liberals, “Abdul-Hussein Resan” the need to apply the law of the customs tariff to support the local product, confirming that the application does not lead to increased food prices in local markets.

He said, “Resan” There is a package of laws enacted by the House in the previous period have not been applied so far, including the customs tariff law, consumer protection, the national product and other laws that support the economy and the local product.

He added that food is covered by customs tariffs, so the application of this law does not lead to increased prices in local markets.

Source: Minister of Finance postpones the customs tariff to the end of the year

08/08/2011 0:00

A source at the Ministry of Finance said the ministry sent a letter to the Directorate of Customs General confirmed the postponement of work tariff customs to the end of the year.

The source said that the ministry has sent a formal letter to the Directorate of Customs General confirmed the postponement of work tariff customs to the end of this year, due to rising prices significantly, as well as non-completion of instructions or materials to be exempted from taxes.

Ministry of Finance delays new customs mechanism to July 15

Finance announces postponement of the new mechanism of action statement customs

Both the Ministry of Finance and the General Customs Authority, to postpone action mechanism of the new customs statement until the fifteenth of July of this, while retaining the rates of withholding tax on fees for the reconstruction of Iraq’s five-percent of the value of the goods.

A source in the Office of the Minister of Finance for the “morning,” said the minister, Dr. Rafie al-Issawi the face of the postponement of the new mechanism of the statement of customs, as well as standardization and quality control for (14) days, without giving further details on the reasons for the delay, but the Head of Customs Authority Nofal sound between “morning” that the decision to delay was to give more time for traders and their agents until the arrival of their goods to the land, sea and air entry into the country.

Inflation rates soar in Iraq

Baghdad, Feb. 15 (AKnews) – The Ministry of Planning and Development said Tuesday that the inflation rate increased since last December by 2% on January, according to reports prepared by the committees of the Planning ministry.

Abdul Zahra al-Hindawi told AKnews that the reasons behind the high inflation rate are the high rental rates in addition to the high prices of food entering the country.

The Ministry of Planning and Development in Iraq suggested Sunday that the federal government postpone the work of customs law, which was passed last week and will be implemented next March.

Finance Minister announces postponement of work the new customs tariff indefinitely

Finance Minister Rafie al-Issawi postpone the new customs tariff and import licenses indefinitely.

The source said the Ministry of Finance “The decision to postpone the customs tariff and import licenses was taken today by the Ministry of Finance was circulated to the appropriate services.”

Iraq: A case for higher tariffs?

Starting March 6, Iraq will begin imposing import tariffs ranging from zero to 80%. For many products, this will be a big increase. Up to now, importers have been subject to a uniform tariff of only 5%, which covered everything except food, medicine, books, clothing and products related to humanitarian assistance or Iraq’s reconstruction. (For more on the new tarrifs see: http://www.iraq-businessnews.com/2011/02/08/iraqi-import-tariffs-rise-sharply-from-march/).

Believers in the free market, like the “neo-cons” who abolished the Saddam-era tariff regime back in 2003, will doubtless see this move as a step in the wrong direction. Higher tariffs, they will argue, protect inefficient state-owned industries, raise costs for consumers, and create opportunities for rent seeking. Rather than putting up barriers to trade, the Iraqi government should simply stand aside and allow market forces to work their magic.