Cabinet calls for Parliament to postpone the application of the Tariff Act

Cabinet calls for Parliament to postpone the application of the Tariff Act

28/05/2012 19:27

Erbil, May 28 / May (Rn) – A government spokesman Ali al-Dabbagh said the cabinet decided on Monday the request of the House of Representatives to postpone the application of the Tariff Act until the completion of a number of actions. The Ministry of Finance has announced in March last for identifying the first of June as a date for the work of system tariffs in Iraq after he was delayed twice. and Finance Minister Rafie al-Issawi in the time that “this time can not be the one to postpone the work system.” Dabbagh said in a statement at the conclusion of the 22nd meeting of the Council of Ministers that “the Council decided to request of the House of Representatives to postpone the application of the Tariff Act, pending completion of procedures, tools and means of application of the law provides that the Ministry of Finance practical reasons and technical unjustified to wait and the time limit is required to postpone the application of the law. ” The Law on customs tariff passed by the House of Representatives to repeal the tariff number (77 ) for the year 1955, and ordered the Coalition Provisional Authority (dissolved) No. (54) for the year 2004 (the policy of trade liberalization of 2004), and ordered the CPA No. 38 of 2003 (Tax reconstruction of Iraq and its amendments). and confirms the law that does not work any law or instructions or regulations conflict with the provisions of this law. and gives the law of the Council of Ministers upon the request of the Minister of Finance amend the customs duty provided for in the table of tariffs customs duties and agricultural calendar attached to this law in urgent circumstances to the need for economic and monetary warrant to take protective measures or treatment.Abdullah Sabri

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