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An assimilation between the excise and customs rates necessarily followed.
They enjoyed privileges such as 20 years of tax exemption and lowered customs rates.
We say 'yes' to the agricultural conversion rate and 'no' to the customs rate.
Act on Customs Law, creating a uniform customs rate for all companies.
The proposed new system provides for application of the monthly customs rate to all imports of agricultural products.
Similarly, customs rates were also increased.
But, Commissioner, why choose to abolish the ACR in favour of the customs rate?
In the present system, there are two rates for calculating import duties on agricultural products: the customs rate and the agricultural conversion rate.
The top customs rate was cut to 20 percent, from 25 percent, on all nonagricultural goods, for example, and a 4 percent surcharge was eliminated.
The CGU's role in paying custom duties disappeared in 1941 when the government set ad valorem customs rates.
The resulting foreign currency amount must be reconverted to sterling at the customs rate of exchange applicable at the time of importation (see paragraph 18.5).
All tariffs were on a long list of goods (dutiable goods) with different customs rates and some goods on a "free" list.
It seems to me logical to want a single rate, but why choose the customs rate which, by its very structure, is significantly different from the agricultural conversion rate?
But after years of fluctuating tension, Thai-Laotian relations have grown warm, and Bangkok has pleased its smaller neighbor by reducing transit and customs rates.
Current and historical exchange rates are available on our website Importers connected to CHIEF can obtain details of Customs rates from the relevant data files.
Kruger then drastically increased customs rates on south-bound cargoes, in an attempt to force the mining companies off the Cape and Natal lines, on to the new route.
The second amendment, for which there was no majority in the Committee on Agriculture, aims to use the agricultural conversion rate as the single conversion rate rather than the customs rate.
The Arab League granted exceptions, which allow a customs rate for certain goods, to six members for several goods, however rejected requests by Morocco, Lebanon and Jordan for additional exceptions.
If the commercial rate for a currency differs by more than 5% from the last published customs rate, the customs rate is amended from midnight on Tuesday/Wednesday of the following week.
Furthermore, monetary fluctuations would also be reduced and experience shows that those fluctuations, with the system of monthly customs rates, are only significant for those Member States which are not in the EMS.
I confess to being surprised that the Commission has chosen to use the normal customs rate as the single rate since it provides less protection for our market, when we know very well that currency fluctuations produce very great instability in the market.
I have much sympathy for his arguments and more particularly for those relating to administrative simplification: the coexistence of two conversion rates, in this case the customs rate and the agricultural conversion rate, poses problems for importing companies in its application.
Bendukidze was pivotal in the libertarian reforms launched under Saakashvili, including one of the least restrictive labour codes, the lowest flat income tax rates (12%) and some of the loweest customs rates worldwide, along with the drastic reductiopn of necessary licenses and permits for business.
However, the Commission proposal presents a problem which comes from confusing farming conversion rates with the monthly customs rate and, since the latter tends to be lower than the farming conversion rate, the Commission proposal will bring about a reduction in frontier protection and, thereby, Community preference.
So far, we have been told that, in accordance with a temporary rule that was in force until 30 June of this year, two rates have applied: a monthly customs rate, on the basis of which annual rates have been applied, and the annual rates themselves, which certainly do not reflect the constant exchange-rate fluctuations.