{"id":596966,"date":"2019-07-14T04:15:39","date_gmt":"2019-07-14T04:15:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/14\/finmin-issues-amendments-to-customs-act-regulations\/"},"modified":"2019-07-14T04:15:39","modified_gmt":"2019-07-14T04:15:39","slug":"finmin-issues-amendments-to-customs-act-regulations","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/14\/finmin-issues-amendments-to-customs-act-regulations\/","title":{"rendered":"FinMin issues amendments to Customs Act regulations"},"content":{"rendered":"

LEGISLATION WATCH- FinMin issues amendments to Customs Act regulations: <\/b>The Finance Ministry has issued amendments to the executive regulations of the Customs Act, the local press reported<\/a>. The amendments allow imports that haven\u2019t been custom-cleared to be transported to warehouses outside of ports and special economic zones after valid guarantees are presented.<\/p>\n

Separately:<\/b> The House of Representatives is expected to vote on legislative amendments to the act after it returns from summer recess in October, two government sources told us last month<\/a>. The amendments are part of larger changes that aim to expedite customs clearance, create a \u201cwhitelist\u201d of trusted importers, and broaden the Customs Authority\u2019s discretion. They would also include customs breaks to incentivize local manufacturers<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

LEGISLATION WATCH- FinMin issues amendments to Customs Act regulations: The Finance Ministry has issued amendments to the executive regulations of the Customs Act, the local press reported. The amendments allow imports that haven\u2019t been custom-cleared to be transported to warehouses outside of ports and special economic zones after valid guarantees are presented. Separately: The House […]<\/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":[309,72,343,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-596966","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-customs","tag-enterpriseam","tag-regulation","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"bdced95b-f566-4080-9086-aff9b4f531a3","is_powered_by":true,"section_story_id":"7c9d550d-f2b3-4ae8-b405-9c2cec1f0f73","story_type":"1","photo_url":"","photo_position":"above","related_issue":[596948],"teaser":"","voice_url":""},"yoast_head":"\nFinMin issues amendments to Customs Act regulations - 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\/07\/14\/finmin-issues-amendments-to-customs-act-regulations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FinMin issues amendments to Customs Act regulations\" \/>\n<meta property=\"og:description\" content=\"LEGISLATION WATCH- FinMin issues amendments to Customs Act regulations: The Finance Ministry has issued amendments to the executive regulations of the Customs Act, the local press reported. The amendments allow imports that haven\u2019t been custom-cleared to be transported to warehouses outside of ports and special economic zones after valid guarantees are presented. 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The proposed amendments\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":626726,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/finmin-investment-ministry-to-outline-new-regs-for-private-freezones\/","url_meta":{"origin":596966,"position":1},"title":"FinMin, Investment Ministry to outline new regs for private freezones","author":"enterpriseam admin","date":"10 July 2018","format":false,"excerpt":"EXCLUSIVE- FinMin, Investment Ministry to outline new regs for private freezones: A committee of officials from the ministries of finance and investment has begun meetings to formulate new regulations governing private freezones, government sources tell Enterprise. The move seems geared to tackle concerns raised by investors in private freezones that\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":632576,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/14\/amendments-to-the-customs-act-will-expand-exemptions-for-production-inputs\/","url_meta":{"origin":596966,"position":2},"title":"Amendments to the Customs Act will expand exemptions for production inputs","author":"enterpriseam admin","date":"14 February 2018","format":false,"excerpt":"LEGISLATION WATCH- Amendments to the Customs Act will expand exemptions for production inputs. The Finance Ministry announced changes to the Customs Act designed to expand exemptions and tighten loopholes for tax dodgers. The amendments will expand temporary exemptions for productions inputs throughout the value chain and, for the first time,\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":603319,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/council-of-state-to-complete-in-days-reviewing-amendments-to-egypts-customs-act\/","url_meta":{"origin":596966,"position":3},"title":"Council of State to complete in \u201cdays\u201d reviewing amendments to Egypt\u2019s Customs Act","author":"enterpriseam admin","date":"18 April 2019","format":false,"excerpt":"LEGISLATION WATCH- Council of State to complete review of proposed Customs Act amendments in days: The Council of State (Maglis El Dawla) is set to complete its review of proposed amendments to the Customs Act \u201cover the next few days\u201d, Customs Authority boss Kamal Negm said, according to Al Masry\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":626475,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/03\/parliament-signs-off-on-customs-act-amendments\/","url_meta":{"origin":596966,"position":4},"title":"Parliament signs off on Customs Act amendments","author":"enterpriseam admin","date":"3 July 2018","format":false,"excerpt":"LEGISLATION WATCH- Parliament signs off on amendments to Customs Act: The House of Representatives approved yesterday amendments to the Customs Act, El Watan reports. The amendments would slash customs duties on capital goods and expand temporary exemptions for production inputs and packaging equipment, in addition to introducing provisions that aim\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":605135,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/cabinet-to-sign-off-on-customs-act-amendments-this-week\/","url_meta":{"origin":596966,"position":5},"title":"Cabinet to sign off on Customs Act amendments this week?","author":"enterpriseam admin","date":"23 December 2018","format":false,"excerpt":"LEGISLATION WATCH- Cabinet to sign off on Customs Act amendments this week? The proposed amendments to the Customs Act are apparently alive and well, and will be approved by the Madbouly Cabinet this Wednesday, Finance Minister Mohamed Maait said, according to Amwal Al Ghad. Cabinet had approved \u201cin principle\u201d the\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/596966","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=596966"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/596966\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/596948"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=596966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=596966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=596966"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=596966"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=596966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}