International Trade: Improving the Duty Collection/ Payment Process
Author (s):
USAID's FASTrade Project
Date:
December 2004
Publication (if applicable):
N/A
Abstract (if Available):
This issue paper is designed to assist countries and international businesses in improving their processes for Customs duty collection and payment. Modernized duty and tax practices can provide a faster and more efficient system for releasing imports from Customs control. Obtaining this result is particularly important for those businesses that depend upon "just-in-time" production systems. This will improve their commercial efficiency and their ability to compete in the world marketplace. For Customs, improving these processes will speed the collection of revenues, make their transaction more accurate and compliant with laws and regulations, improve border law enforcement for detecting illegal goods, and help remove opportunities for corruption.
URL:
http://www.bizclir.com/galleries/publications/Improving%20the%20Duty%20Collection%20and%20Payment%20Process.pdf
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