Proclamation No. 125/1998 Customs Authority (Amendment) Proclamation | GOALGOOLE | Because you need Information for your goals !
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Proclamation No. 125/1998 Customs Authority (Amendment) Proclamation

PROCLAMATION NO. 125/1998 A PROCLAMATION TO AMEND THE RE-ESTABLISHMENT AND MODERNIZATION OF

THE CUSTOMS AUTHORITY PROCLAMATION

WHEREAS, it has become necessary to introduce the Automated System for customs Data and Management (ASYCUDA), with a view to accelerating the effort to modernize the customs Authority, improving the efficiency of its services to the business community, effectively implementing the country’s trade or fiscal and other related policies as well as to instantly compiling and utilizing foreign trade statistics;

WHEREAS, introduction of the customs automated system requires not only compliance with practices that are conducive, help provide efficient services and are internationally recognized but also removal of those that are to the contrary;

WHEREAS, to this end, an amendment to the proclamation relating to the Customs Authority is called for;

NOW, THEREFORE, in accordance with Article 55(1) of the Constitution of the Federal Democratic Republic of Ethiopia, it is hereby proclaimed as follows;

1. Short Title

This Proclamation may be cited as the “Customs Authority (Amendment) Proclamation No,. 125/1998.”

2. Amendment

Article 51 the Customs Authority Proclamation No. 60/1997 is hereby repealed and replaced by the following new Article 51;

“51. Exchange Rate

For Customs taxes and duty calculation purposes, on value of goods imported into the country or exported out of the country, the exchange rate shall be the official rate declared by the National Bank of Ethiopia on the day of accepting customs declaration by the Customs Authority.”

3.  Effective Date

This proclamation shall come into force as of the 30th day of June, 1989.

Done at Addis Ababa, this 30th day of June, 1998.

NEGASO GIDADA (DR.)

PRESIDENT OF THE FEDERAL DEMOCRATIC  REPUBLIC OF ETHIOPIA