Myanmar: Some customs restrictions to be eased to facilitate trade

The government will reduce trade restrictions and red tape to facilitate the import and export process during the COVID-19 outbreak.

Starting April 20, the customs department will reduce customs duties for businesses operating with the Myanmar Automated Cargo Clearance System (MACCS).

Paperwork will also be streamlined, with an electronic version of Form D for preferential tariff treatment in Asean to be issued to simplify procedures between all the Asean countries.

Those who want to apply for customs duty reductions will have to submit the e-Form D together with the reference number granted by other country.

Traders can apply for the deadline for submission of required documentation to be extended.

U Win Thant, director of the customs department, said the documents will be thoroughly checked especially for goods involving medicines and food products which are under the Food and Drug Administration. The documents will be cross-checked for legitimacy for the reduction in duties to be considered. – Translated

Source: https://www.mmtimes.com/news/some-customs-restrictions-be-eased-facilitate-trade.html