China has promulgated a series of regulations to reduce import-export taxes and duties to promote a higher level of openness and domestic consumption. These changes could affect companies that import ...
A six-month imprisonment is no trivial matter. More so, if the offence is as innocuous as publishing data on export and import. Going by the Finance Bill 2022, it may appear that this is exactly what ...
The Finance Bill presented in Parliament on February 1 proposed to insert “Section 135AA” in the Customs Act to protect import and export data submitted to customs. The Finance Bill has proposed to ...
For businesses that rely on international trade, a customs broker would be a great help when navigating the complexities of regulations, paperwork and logistical hurdles surrounding the task of ...
Sri Lanka’s merchandise export sector has shown a notable improvement in 2021 compared to the pandemic-affected 2020. As per the latest Customs data, export earnings have averaged US dollars 985 ...
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