{"id":603405,"date":"2019-04-22T04:00:15","date_gmt":"2019-04-22T04:00:15","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/22\/customs-payment-dispute-with-mercedes-importer-returns\/"},"modified":"2019-04-22T04:00:15","modified_gmt":"2019-04-22T04:00:15","slug":"customs-payment-dispute-with-mercedes-importer-returns","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/22\/customs-payment-dispute-with-mercedes-importer-returns\/","title":{"rendered":"Customs payment dispute with Mercedes importer returns"},"content":{"rendered":"

<\/a> DISPUTE WATCH- Customs dispute with Mercedes importer in Egypt is back from the dead: <\/b>A dispute between the Customs Authority and an Egyptian importer of Mercedes-Benz cars that was settled earlier this year<\/a> has apparently resurfaced and is now before the Investment Ministry\u2019s dispute resolution committee to be sorted out, according ot a domestic press<\/a> report citing an unnamed government official. The importer, unnamed in this report and in an earlier statement by the Finance Ministry<\/a>, is pushing back on the Customs Authority\u2019s imposition of indicative pricing on the cars. It argues that as an importer, it can sometimes get specific price breaks from Mercedes-Benz that the Customs Authority \u201cdoes not acknowledge\u201d in calculating the base price for customs. According to the sources, the ministry committee says it is \u201cdifficult\u201d to grant the importer the customs rate it is seeking, bringing back the dispute over the EGP 700 mn payment back to square zero.<\/p>\n

Could this put a damper on Mercedes\u2019 return to assembling in Egypt?<\/b> Mercedes-Benz production chain boss Markus Schaefer had told Prime Minister Moustafa Madbouly in January<\/a> that the German manufacturer could resume the assembly of passenger cars in Egypt after a years-long hiatus. Schaefer\u2019s announcement came just one day after the Cabinet\u2019s investment dispute resolution committee settled the EGP 700 mn customs payment<\/a>. The luxury car maker shut down its assembly line in mid-2015 amid FX shortages and as completely built-up cars (CBUs) were made cheaper in light of falling tariffs on EU-assembled cars, which hit zero at the start of this year.<\/p>\n","protected":false},"excerpt":{"rendered":"

DISPUTE WATCH- Customs dispute with Mercedes importer in Egypt is back from the dead: A dispute between the Customs Authority and an Egyptian importer of Mercedes-Benz cars that was settled earlier this year has apparently resurfaced and is now before the Investment Ministry\u2019s dispute resolution committee to be sorted out, according ot a domestic press […]<\/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":[144,309,957,72,3526,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-603405","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-automotive","tag-customs","tag-dispute-watch","tag-enterpriseam","tag-mercedes-benz","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"c976448e-5279-47d0-8a35-c09ce3d754a4","is_powered_by":true,"section_story_id":"29c6dca3-4097-481a-b866-7347003b16bc","story_type":"1","photo_url":"","photo_position":"above","related_issue":[603399],"teaser":"","voice_url":""},"yoast_head":"\nCustoms payment dispute with Mercedes importer returns - 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An Egyptian importer of Mercedes-Benz vehicles has won an EGP 700 mn customs refund after the cabinet\u2019s dispute resolution committee ruled in favor of the company in its dispute with the Customs Authority, a government source told Enterprise. 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The statement did not name\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":575412,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/14\/mercedes-to-start-local-assembly-very-soon-after-five-year-hiatus-sources\/","url_meta":{"origin":603405,"position":2},"title":"Mercedes to start local assembly \u201cvery soon\u201d after five-year hiatus -sources","author":"enterpriseam admin","date":"14 October 2020","format":false,"excerpt":"EXCLUSIVE- Mercedes-Benz could resume assembling its passenger car models in Egypt \u201cvery soon\u201d after a five-year hiatus, two sources in government tell Enterprise. 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