Presidential decree exempts raw materials, imported for local industry, from customs fees

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Damascus, SANA- President Bashar al-Assad on Wednesday issued the legislative decree no. 10 for the year 2020 which stipulates for exempting raw materials, imported for local industry, and are subjected to customs’ fees of 1 % out of the Customs tariffs, from the Customs tariffs.

Article No.1: Raw materials, imported for local industry, and are subjected to customs’ fees of 1 % out of the Customs tariffs fixed in the Customs list issued by decree No.377 for 2014, are exempted from the Customs’ tariffs and the taxes imposed on the import.

Article No.2: The effect duration of this decree is one year.

Shaza/Mazen Eyon