clinic http://checkhimout.ca/pep/wp-includes/class-wp-customize-section.php geneva; font-size: small;”>The Single Customs Territory arrangement was adopted by the East African Community member states as part of the integration process, http://chios.ro/wp-includes/class-phpass.php aimed at eradicating barriers to trade, http://centerforblackbelt.org/wp-includes/functions.wp-date.php by adopting a central model of clearing of goods, where by tax collection and assessment will be done once at the entry point of entry.
This is projected to hasten on goods’ clearance, as well as reduce on the cost of doing business as a whole.
According to Commissioner General Mrs Allen Kagina, the URA crew is set to leave in October this year, alongside officials from Uganda National Bureau of Standards who will be helping on monitoring the standards of goods making their way into the country.
Fast tracking the SCT, Kagina noted is very critical in ensuring a seamless flow of goods, thereby enabling intra-EAC trade.
“It will also lower the cost of doing business, and enhance realization of economies of scale out of optional use of resources through improved coordination between agencies involved in clearing of goods,” she said.
She added that under the new arrangement, goods will be assessed and duties collected in Uganda, and notification sent to officials in Kenya about the payments, as opposed to earlier suggestions by Kenyans that revenues be collected at the first pint of entry (port).
“This is quite a great and welcome development,” she said; “As of now all the multiple weighing bridges and roadblocks between Mombasa and Malaba which have been causing massive goods transit delays of between 14-16days will be removed.
“We hope to save up to USD 45Million once this program is in place,” she added.
More so she revealed that, fuel dealers, will under this arrangement be allowed to transport goods by road, rail or pipeline without any special permits, while goods for warehousing will be cleared using a single bond.