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Trade: The Iraqi Exhibitions Company discussed with government agencies the regulation of customs duties and tax procedures

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Trade: The Iraqi Exhibitions Company discussed with government agencies the regulation of customs duties and tax procedures Empty Trade: The Iraqi Exhibitions Company discussed with government agencies the regulation of customs duties and tax procedures

Post  Admin Fri Feb 12, 2021 12:28 pm

Trade: The Iraqi Exhibitions Company discussed with government agencies the regulation of customs duties and tax procedures

Economy | 10:16 - 12/02/2021


Baghdad - Mawazine News

The Ministry of Trade announced that the Iraqi General Company for Fairs and Commercial Services discussed, in a meeting held at the headquarters of the Central Bank of Iraq, the organization of procedures for collecting customs and tax fees.

The general manager of the company, Sarmad Taha Saeed, said, "The meeting was held under the chairmanship of the Chairman of the Border Ports Authority, Major General Omar Adnan Al-Waeli, and in the presence of the directors of the Central Bank and representatives of the General Authority for Customs and the General Secretariat of the Council of Ministers, organizing the procedures for collecting customs duties and taxes."

He added, "The meeting discussed the issue of collecting customs duties and taxes for goods imported from all border crossings and collecting them in advance by the banks accredited to the Central Bank of Iraq. The topic was extensively discussed with the attendees and came out with a study presented to the Chairman of the Diwaniya Order Committee 22 for the year 2020 Secretary General of the Council of Ministers Hamid Ghazi.

He pointed out, "The electronic linking of data issued by the Central Bank, taxes and customs, the exhibitions company and the Border Ports Authority to control invoices issued for importing goods and pre-fulfilling their customs and tax fees for the provisions of controlling state revenues and preventing waste of public money, was also discussed."

The Director General of the Iraqi Exhibitions Company stated that this step will be preceded by subsequent steps that come to organize work and exercise its supervisory role by using the electronic governance system on all the work joints of the working departments at the border crossings.


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