Customs Facilitation: Comorian Customs Administration has adopted a new Customs valuation database system.

24-06-2018 10:44
The Comorian Customs is pursuing its reforms initiated since 2016 and still aiming to have a plain field level for all traders, economic operators and public administrations which are involved in international trade by adopting a new customs valuation database which is now used in all local customs centers and seen as an important aspect of trade facilitation.

The basic purposes of the customs valuation are to require the Comorian officers to use a valuation system that is fair, neutral and uniform and to prevent the use of arbitrary or fictitious values and also, it is another way to banish false invoices.

Harmonized and predictable Customs valuation rules are essential to smooth trade flows and apparent deviations from international trade agreed upon rules and regulations would stifle international trade and economic growth.Hence, the Comorian customs found it vital to start using this tool in order to reduce risks for import into Comoros, to assess potential risk regarding the truth and accuracy of the declared values for imported goods, to make sure values will be used accordingly and last but not least, to raise government revenues.

Just like any other customs administration, the Comorian customs is under the rules and laws of customs valuations which are:

- To protect the Community from illegal and unfair trade with supporting reasonable business activities

- To ensure the safety and security of citizens
- To protect the economic interests of the Community - To increase the competitiveness through contemporary functioning method Therefore, for functioning competent and efficient free and fair market, Comorian customs is responsible for protecting society, facilitating international trade and ensure a safe collection revenue for the Government.



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