THE AWAKENING OF A CONTINENT.

THE AWAKENING OF A CONTINENT.

In 2000, the editors of the magazine saw Africa as a continent trapped in a spiral of violence and despair. The editorial read, “Mozambique and Madagascar have been ravaged by floods, famine is resurfacing in Ethiopia, Zimbabwe has succumbed to government-backed violence, poverty and epidemics are rampant. And above all, war continues to rage across […]

TYPOLOGY OF CUSTOMS DUTY EXEMPTIONS.

TYPOLOGY OF CUSTOMS DUTY EXEMPTIONS.

One of the characteristics of customs duty is its general scope. It applies to all individuals regardless of their qualities. However, this principle is not absolute. Exceptions, in terms of partial or total exemptions from duties and taxes, are granted based on legal or regulatory texts (Finance Law, Customs Code, Investment Code, International Convention, etc.). […]

THE INCOTERMS : Trade

THE INCOTERMS : Trade

Customs evaluation of goods cannot be done without taking into account the provisions of the sales contract, hence the importance for customs and the declarant to master the Incoterms (International Commercial Terms). SECTION 1: GENERALITIES Incoterms come in various types. Only a good understanding of the rules will optimize the customs value. Paragraph 1: Definition […]

THE ELEMENTS OF TAXATION.

THE ELEMENTS OF TAXATION.

As we have seen above, the customs declaration includes several mentions. Among all these elements, there are three (03) that are essential for proper taxation of the goods. They are: the tariff classification, the origin, and the customs value. These elements are considered essential because they not only constitute the basis for taxation but also […]

CUSTOMS DECLARATION.

CUSTOMS DECLARATION.

The customs declaration is the act (made in the form prescribed by customs), whereby the importer or exporter indicates the customs regime to be assigned to the goods and communicates the elements required by customs for the application of this regime. SECTION 1: THE SINGLE ADMINISTRATIVE DOCUMENT (SAD) AND PERSONS AUTHORIZED TO COMPLETE IT The […]

TAXPAYER OBLIGATIONS REGARDING CUSTOMS.

TAXPAYER OBLIGATIONS REGARDING CUSTOMS.

The customs code prescribes obligations for the taxpayer, the non-compliance of which constitutes offenses. These obligations are the same for most customs regimes, whether they are simple suspensive regimes or specific to import or export. SECTION 1: BEFORE AND UPON ARRIVAL OF GOODS The taxpayer’s obligations begin as soon as the merchandise is on its […]

The different forms of economic integration.

The different forms of economic integration.

In “The theory of economic integration” (1961), the Hungarian economist Béla Balassa established five different forms or stages of the regional integration process, depending on whether it is more or less advanced. These are: the free trade area, the customs union, the common market, the economic union, and the economic and monetary union. 1- The […]

ACCESS TO PROTECTION.

ACCESS TO PROTECTION.

All the prerequisites to access your inheritance of divine protection are contained in Psalm 91. It all begins with abiding in God: “He who dwells in the shelter of the Most High will rest in the shadow of the Almighty.” Psalm 91:1 Abiding in Him means being saved. As you have surely discovered, being born […]

Grow into your status as a son.

Grow into your status as a son.

“For the creation waits in eager expectation for the children of God to be revealed.” Romans 8:19 This refers to those who, through a genuine understanding of their divine nature, will be able to act as God on this earth. Such individuals will be capable of exercising total control over all matters of life, bringing […]

YOU ARE AN AMBASSADOR.

YOU ARE AN AMBASSADOR.

So we are Christ’s ambassadors; God is making his appeal through us… 2 Corinthians 5:20 The new birth makes you an ambassador from heaven. As a representative of Christ, you are called to bear witness of Him on this earth. An ambassador is a mediator between two countries – his own country and the one […]

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