Home Africa South Sudan: National Revenue Authority introduces mandatory $350 import and export tax

South Sudan: National Revenue Authority introduces mandatory $350 import and export tax

South Sudan: National Revenue Authority introduces mandatory 0 import and export tax

Rédaction Africa Links 24 with Ateny Dut
Published on 2024-03-06 18:44:45

The South Sudan National Revenue Authority has implemented a new regulation known as the Mandatory Electronic Cargo Tracking Note (MECTN) for all goods entering or exiting South Sudan. This directive, which was issued on March 1, 2024, by Brig. Gen. Aduot Ajang Aduot, the Commissioner for the Customs Division of the South Sudan Revenue Authority, requires exporters and importers to adhere to this new rule and pay a mandatory service charge of $350. The aim of this initiative is to track every shipment that is either bound for South Sudan or leaving the country. Clearing agencies have been assigned the task of enforcing these regulations in conjunction with Invesco Uganda Limited to ensure compliance for goods in transit to various states.

This decision follows a Memorandum of Understanding (MoU) between the Government of South Sudan, through the Ministry of Finance & Planning, and Invesco Uganda Limited. Effective immediately, the Electronic Cargo Tracking Note has become compulsory for all goods destined for South Sudan and those being exported out of the country. The official letter emphasizes that exporters and importers must comply with these regulations and cover the mandatory service charges.

The introduction of the Mandatory Electronic Cargo Tracking Note is considered a significant step towards enhancing the security and efficiency of cargo transportation within and beyond South Sudan’s borders. By tracking every shipment entering or leaving the country, authorities aim to streamline the process, reduce the risk of theft or loss, and ensure the smooth flow of goods in and out of South Sudan.

This new regulation signifies a strategic move by the South Sudan National Revenue Authority to tighten control over trade activities and ensure transparency in the movement of goods. By partnering with Invesco Uganda Limited, the authority aims to leverage advanced tracking technology to monitor cargo shipments effectively and mitigate risks associated with transport.

Exporters and importers are urged to familiarize themselves with the requirements of the Mandatory Electronic Cargo Tracking Note and comply with the regulations to avoid any penalties or delays in the transportation of their goods. This initiative not only benefits the revenue authority in monitoring trade activities but also protects the interests of traders by ensuring the safe and timely delivery of their shipments.

In conclusion, the introduction of the Mandatory Electronic Cargo Tracking Note by the South Sudan National Revenue Authority underscores the commitment to strengthening control and oversight over trade activities within the country. By enforcing this new regulation, authorities aim to enhance security, efficiency, and transparency in the movement of goods entering or leaving South Sudan. Exporters and importers are encouraged to comply with the regulations and support this initiative to facilitate smooth and secure trade operations in the region.

Read the original article on Talk of Juba

Previous articleMalawi: CHAKWERA VISITS FLOOD VICTIMS IN NKHOTAKOTA, as Chimwendo lauds Illovo for technical, financial support
Next articleBurkina: “The true heroes of the nation are women,” Captain Traoré tells the women of the green brigade | Africa Links 24