The amended Common External Tariff (CET) on basic consumable goods imported into the country is expected to be distributed at all customs and main sub-ports for effective implementation.
When President George Weah last month gave a three-day ultimatum to the Liberia Revenue Authority (LRA) Commissioner-General, Elfrieda Stewart Tamba, to reduce the tariff on basic commodities to what the President referred to as “suffering” on the citizens, a list of some commodities surfaced in the public.
The tariffs reduction affected commodities such as pig feet 81%, chicken feet 63%, vegetable oil 41%, onion 53%, used clothes 41% and mosquito coil 65%.
The Ministry of Information at the time came out with an assurance that the reduction of the tariff will affect about 2000 commodities, but did not name the rest.
According to the LRA, its ASYCUDA system, including BIVAC automated system, has since been ready for “switch on” to the amended CET.
The new official tariff book, titled “2017 Harmonized System and Common External Tariff Schedules 2018, RL,” was finalized on Thursday, June 7.
In order for relevant government ministries and agencies to be fully informed and acquainted with the amended tariff, the LRA has published it on its website and those of the Ministry of Finance and Development Planning (MFDP), the Ministry of Commerce and Industry (MOC) the Executive Mansion, Chamber of Commerce, Patriotic Entrepreneurs of Liberia (PATEL) and the National Customs Brokers Association of Liberia.