The ports and the Central Bank are discussing collecting customs and tax duties for imported goods
A meeting was held at the headquarters of the Central Bank of Iraq, Thursday, February 10, 2021, headed by the head of the Border Ports Authority, Major General Omar Adnan Al-Waeli, and in the presence of the Central Bank directors and representatives of the General Authority for Customs, the General Company for Iraqi Fairs and the General Secretariat of the Council of Ministers.
The media office of the Central Bank stated in a statement received by Al-Masala, that the meeting discussed the issue of collecting the amounts of customs and tax fees for goods imported from all border outlets and collecting them in advance by the banks accredited to the Central Bank of Iraq. 22 of 2020, Secretary General of the Council of Ministers, Hamid Al-Ghazi.
The statement added that the electronic linking of the 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 the pre-fulfillment of their customs and tax fees for the provisions of controlling state revenues and preventing waste of public money were discussed.
He continued: This step is considered and will be preceded by subsequent steps taken by the Border Ports Authority 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. Source: Almasalah