Customs Tax rate reduced to 0% on 1882 types of raw materials

A new Decision annex to Import Regime Decision has been published on the Official Gazetted dated June 27, 2018 which reduces the custom tax to 0% for 1882 different type of raw materials for producers.

The relief is made by adding all these products to annex “list V” of the mentioned decree, which means importer of these products must use these materials in their production and the customs tax will be suspended during the importation if they fulfil the necessary documentation that validate their use of these materials in the production.

If you have further queries on this issue, please feel free to contact us.

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