Jordan extends exemption from customs duties, sea freight charges tax
09 May 24 1 min read
Insights
- The Jordanian cabinet, headed by Prime Minister Bishr Khasawneh, has extended its January 21 decision that exempted customs duties and general and private sales tax on maritime freight charges till June 30.
- As market prices of maritime freight are higher than normal rates due to the Red Sea crisis, the decision is aimed at reducing prices of imported goods.
As market prices of maritime freight are still higher than their normal rates due to the Red Sea crisis, the decision is aimed at reducing prices of imported goods, a domestic news agency reported.
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The cabinet also reviewed the periodic report of the ministry of industry and trade on measures taken to control inflation and enhance the strategic stock of basic commodities.
The cabinet also approved the mandating reasons for the draft 2024 Financial Bylaw for Municipalities for 2024 to send it to the Bureau of Legislation and Opinion to complete procedures for its approval.
Fibre2Fashion News Desk (DS)
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