Legal Document
Regulations under the Customs and Excise Act, 1964: Export Processing Zones
| Attachment | Category | Type |
|---|---|---|
| Regulations under the Customs and Excise Act, 1964 for Export Processing Zones.pdf | Import/Export | Regulation |
Measures in the Legal Document
1. Import and Export of Goods into or from an Export Processing Zone
| Type | Class | Valid From | Valid To |
|---|---|---|---|
| Duty/Tax Payable | Goods | 29/04/1996 | |
Goods entering or leaving an export processing zone must use the NAMSAD form (NA500/NA550) for customs and excise, and waste and scrap from the zone can be exported or imported under specific conditions set by the Commissioner. |
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2. Customs Supervision
| Type | Class | Valid From | Valid To |
|---|---|---|---|
| General | Goods | 29/04/1996 | |
Supervisors can check export processing zone enterprises by auditing records, counting goods, examining transactions, and reviewing security and storage conditions. They can also inspect goods and search people, vehicles, and packages entering or leaving the zone. |
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3. Maintenance of records
| Type | Class | Valid From | Valid To |
|---|---|---|---|
| General | Goods | ||
The competent authority must keep detailed and accurate records of all goods in and out of an export processing zone, including their quantity, value, and handling details, and ensure these records are accessible to officers and the Commissioner. |
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4. Competent Authority Responsibility and Supervision
| Type | Class | Valid From | Valid To |
|---|---|---|---|
| General | Goods | 29/04/1996 | |
The competent authority is responsible for supervising goods in export processing zones, ensuring access for officers, maintaining detailed records, securing goods, and managing proper storage, handling, and annual reconciliations of goods. |
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