{"id":595730,"date":"2019-08-05T04:00:36","date_gmt":"2019-08-05T04:00:36","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/state-commissioners-back-decision-for-15-import-duty-on-iron-billets\/"},"modified":"2019-08-05T04:00:36","modified_gmt":"2019-08-05T04:00:36","slug":"state-commissioners-back-decision-for-15-import-duty-on-iron-billets","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/state-commissioners-back-decision-for-15-import-duty-on-iron-billets\/","title":{"rendered":"State commissioners back decision for 15% import duty on iron billets"},"content":{"rendered":"

DISPUTE WATCH- Gov\u2019t gets backing on decision for import duty on iron billets:<\/b> The Board of State Commissioners (BSC) has backed a Trade Ministry decision to impose 15% import duty on iron billets, AMAY reported<\/a>. The BSC said in its recommendation report that there wasn\u2019t sufficient evidence to prove the ministry has used its authority to harm iron factories, but instead made the decision to protect local investments and ensure fair trade. The Supreme Administrative Court will discuss the BSC\u2019s recommendation report, which is non-binding, on 17 August.<\/p>\n

Background:<\/b> The ministry imposed the 15% levy, together with a 25% import fee on steel rebar, in mid-April<\/a> for a period of 180 days. The administrative court had rejected appeals<\/a> to bring back the ministry\u2019s decision after 21 iron factories won a case<\/a> at the court reversing it. The factories had said<\/a> the increased price of iron forced them to stop production.<\/p>\n","protected":false},"excerpt":{"rendered":"

DISPUTE WATCH- Gov\u2019t gets backing on decision for import duty on iron billets: The Board of State Commissioners (BSC) has backed a Trade Ministry decision to impose 15% import duty on iron billets, AMAY reported. The BSC said in its recommendation report that there wasn\u2019t sufficient evidence to prove the ministry has used its authority […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[957,72,131,2380,132],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-595730","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-dispute-watch","tag-enterpriseam","tag-manufacturing","tag-speed-round","tag-trade","wpautop","entry"],"acf":{"mongo_id":"12d8fd84-429b-4735-ba08-f6276c0bbb62","is_powered_by":true,"section_story_id":"2e19aed2-edea-4a4e-bb39-b603d1e78881","story_type":"1","photo_url":"","photo_position":"above","related_issue":[595715],"teaser":"","voice_url":""},"yoast_head":"\nState commissioners back decision for 15% import duty on iron billets - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/state-commissioners-back-decision-for-15-import-duty-on-iron-billets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"State commissioners back decision for 15% import duty on iron billets\" \/>\n<meta property=\"og:description\" content=\"DISPUTE WATCH- Gov\u2019t gets backing on decision for import duty on iron billets: The Board of State Commissioners (BSC) has backed a Trade Ministry decision to impose 15% import duty on iron billets, AMAY reported. 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The court is now seeking expert opinion to ascertain the effects of the duty on local industry. Twenty-one iron\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594829,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/court-postpones-iron-billet-import-duty-hearing-to-5-october\/","url_meta":{"origin":595730,"position":2},"title":"Court postpones iron billet import duty hearing to 5 October","author":"enterpriseam admin","date":"9 September 2019","format":false,"excerpt":"Court postpones iron billet import duty hearing to 5 October: The Supreme Administrative Court has postponed to 5 October its ruling on appeals filed by the State Lawsuits Authority and a number of iron and steel companies against the suspension of a 15% import fee on iron billets, according to\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/9\/2819.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":573222,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/26\/court-strikes-down-effort-to-end-steel-tariffs\/","url_meta":{"origin":595730,"position":3},"title":"Court strikes down effort to end steel tariffs","author":"enterpriseam admin","date":"26 July 2020","format":false,"excerpt":"DISPUTE WATCH- Court strikes down effort to end steel tariffs: An administrative court has rejected a petition submitted by the Chamber of Metallurgical Industries to cut import tariffs imposed on steel rebar and iron billets for three years, the local press reported on Saturday. This is the second legal challenge\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597224,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/18\/court-to-hear-appeals-for-and-against-decision-to-impose-15-import-duty-on-iron-billets-on-4-aug\/","url_meta":{"origin":595730,"position":4},"title":"Court to hear appeals for and against decision to impose 15% import duty on iron billets on 4 Aug","author":"enterpriseam admin","date":"18 July 2019","format":false,"excerpt":"The Supreme Administrative Court will hear on 4 August a total of eight appeals filed by the State Lawsuits Authority and a number of companies to bring back the now-canceled 15% import duty on iron billets, the local press reported. An administrative court earlier this week turned down the Trade\u2026","rel":"","context":"In "Egypt Politics + Economics"","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":567561,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/27\/22-rolling-mills-to-halt-production-on-steel-import-tariffs\/","url_meta":{"origin":595730,"position":5},"title":"22 rolling mills to halt production on steel import tariffs","author":"enterpriseam admin","date":"27 January 2020","format":false,"excerpt":"Row over steel import tariffs flares up again: Twenty-two steel rolling mills will suspend production in protest at the government\u2019s decision to place import tariffs on steel rebar and iron billets, according to the local press. 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