FDI in Mozambique fell 26 per cent last year
In file CoM
The Mozambican Customs software platform used by importers is getting a new application to determine the value of goods, the system operator announced in a statement today.
“A new tool has been added to the customs Single Electronic Window (JUE). Its purpose is to assist in the valuation of imported goods process,” the Mozambique Community Network (MCNet) announces.
It is “a customs valuation system associated with a commodity database called eValuator” which should “facilitate trade, as it will reduce the time spent in disputes related to the value of goods,” the project manager of the JUE Guilherme Mambo says in the statement.
According to Mambo, the objectives also include assisting the state in the collection of fiscal revenue and improve international trade statistics.
MCNet says the new system will meet the aspirations of importers, who have called for more transparency.
“This tool will make it easier to know exactly what method customs use to determine the value and consequent calculation of customs duties,” said Dixon Chongo, representative of the Chamber of Customs Brokers (CDA) and of the Confederation of Economic Associations of Mozambique (CTA), the country’s largest employers association, also quoted in the communiqué.
“We felt a certain abitrariness on the part of the customs, with the value of the goods being adjusted upwards without any clear explanation being given,” he concluded.Source: Lusa
Trade with China up by over a third