ETHIOPIAN CUSTOMS GUIDE -
MARCH 2017
154
19.4.2 Retaining Information
A person responsible
to pay duties and taxes and, thus, possessing
any documents or information necessary for customs formalities
is required to retain them for a period of five years. The period is
counted from the day on which:
• Goods imported for home use are released
for free circulation
upon the completion of customs formalities;
• A goods declaration is accepted for export goods; or
• Customs formalities are completed in case of goods imported
temporarily on duty free basis.
Glossary of terms
Abandoned goods: Goods that are not collected by their
owner within the period prescribed by law completing customs
procedures.
Ad-valorem duties and taxes: Duties and
taxes which are calculated
on the basis of value.
Authorized Economic Operator: an operator involved in
international trade that has been pre-approved by a national
customs administration as complying with supply chain security
standards and customs requirements.
A model program that many
customs administrations are pursuing as a means to both secure and
facilitate global trade, while at the same
time providing incentives
that benefit both Customs and traders that have decided to work
in partnership. In Ethiopia, currently more than 30
companies are
authorized economic operators.
Dostları ilə paylaş: