Egypt Cuts Customs Fees for Imported Inputs
Egypt recently approved temporary decreases in duties and taxes on certain industrial inputs in a bid to support its manufacturing sector, the Hong Kong Trade Development Council reported Oct. 20. Certain entities and projects will be eligible for zero customs…
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duties, fees and other taxes for imports of “priority inputs” used to manufacture “finished export goods,” HKTDC said. Some companies may also be eligible for eased import customs clearance, including priority customs declaration registration and release.