- MIDA grants import duty and sales tax exemptions for raw materials, components, and accessories
- Approval letters do not specify the controlling RMCD import station
- RMCD has issued a guide on procedures to be followed after approval letter is issued
- Company must allocate quantity of items to be imported via each RMCD import station
- Completed form must be submitted to nearest controlling RMCD station for validation
- Written approval from RMCD officer required for changes in import station or quantity of goods
- Companies should stay up to date with procedures to facilitate smooth application and approval process
- Increasing trend of RMCD audits comparing imported goods against approved quantity
- Accurate information in approved documents crucial for smooth clearance process at RMCD import stations
Source: taxathand.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
