Suspension of collection of import duty

Suspension of collection of import duty
Suspension of collection of import duty
This is the draft decree amending decree no. 2.24.064 of 13 Rejeb 1445 (January 25, 2024) suspending the collection of the import duty applicable to domestic cattle, as well as decree no. 2.24.962 of 14 Rabii II 1446 (October 18, 2024) suspending the collection of the import duty applicable to domestic sheep.

This project is a continuation of the measures taken by the government last year to suspend the collection of customs duties and value added tax applicable to domestic cattle and sheep, indicates a press release from the delegated ministry in charge Relations with Parliament, government spokesperson.

In order to guarantee a regular supply of red meat to the national market, the import duty on domestic cattle and sheep was once again suspended this year, within the framework of defined quotas, continues the same source, specifying that this draft decree aims to increase these quotas, now insufficient to cover demand, in order to ensure optimal market supply of red meat.

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