![]() ![]() Announcement 69 can be briefly summarized as follows: 69 (Announcement 69) which took effect on 30 November 2016. Note that the Customs Management Act (CMA) 2011 will be implemented in June 2012.On 28 November 2016, the General Administration of Customs (GAC) introduced new rules for regulating outward processing by issuing the GAC Announcement No. You can contact Seychelles Revenue Commission on 4293737 or email us at for more informationĪbout the CMA. The replacement goods equivalent to theĬompensating products are given the benefit of the Outward Processing relief as if they were the compensating products themselves. Standard exchange system allows the replacement product to have the same tariff sub heading and commercial quality and technicalĬharacteristics as the temporarily export goods had the goods undergone any repair. Under the standard exchange system which is used when the processing operation involves the repair of Seychelles goods. The Customs Management Act makes provision for a replacement product to replace a compensating product. Products on the date of acceptance of declaration for clearance for home use.Ĭan a replacement product replace a compensating product or is an exchange allowed under the outward processing? Will be granted on the goods returned based on the taxation element and customs value of the repair cost of the compensating Where any repair on temporary export goods are carried out, a partial relief from import duties, taxes or levies Levies provided that the manufacturing defect had not been taken into account at the time the goods were first cleared for Or due to a manufacture defect, the temporary export goods will be eligible for total relief from import duties, taxes or Goods and the goods have been repaired free of charge due to contractual or statutory obligations arising from a guarantee ![]() It is important to note, however, that where the purpose of the processing operation is to repair the temporarily export Of the compensating products if it happens that the value cannot be determined by reasonable means. The value of the temporary export goods for Outward Processing will be taken into consideration to determine the Customs value Incurred to re-import the compensating products into the country on the date of acceptance of the declaration relating to theĬlearance of the compensating product for home use. The amount to be deducted in relation to the above, is calculated on the basis of the quantity and nature of the goods on theĭate of acceptance of the declaration placing the goods under the Outward Processing procedure and on the basis of the expenses Goods as if they had been imported at the same time from the same country they underwent the last processing operation. Of the compensated product cleared for home use and deducting it from the import duty that would be payable on the exported The duties, taxes or levies on Outward Processing goods are calculated by taking the import duty applicable on the full value How is import duties, taxes or levies calculated on Outward Processing goods? Rate of duties, taxes or levies, unless these goods have to undergo repair operation. Goods which, prior to exportation, had been released for home use and subject to an exemption or reduced Goods which, the export has been liable to repayment or remission of import duties, taxes or levies Outward processing procedure will not be allowed for However there are some restrictions on the use of outward processing. Where it is possible to establish that the compensating products have resulted from processing of the temporary export goodsĪnd where the interest of Seychelles processors or producers are not affected. Who are authorized to use the outward Processing Procedure?Īuthorization to use the outward Processing Procedure will be granted to persons (natural or legal) established in Seychelles Relief from import duties, taxes or levies. ![]() This process (compensated product) is then released for home use with the benefits of having total or partial Processing operations including repairs and then re–imported back to Seychelles. Outward Processing is a Customs procedure which allows Seychelles goods to be temporarily exported to undergo What is Outward Processing under the Customs Management Act (CMA) 2011? ![]() All clients are hereby advised that they should disregard all emails purporting to come from Seychelles Revenue Commission (SRC), if it does not end with the suffix SRC would like to thank you for your understanding. ![]()
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