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Validity Period of Export Licence
The
validity period of export licence is normally 6 months. If
necessary, the period may be extended by the Ministry of
Trade.
Goods which may be Imported
All
goods which are not prohibited by the respective
government department, can be imported under the import license
issued by the Ministry of Trade.
Import Licence Fee
Import
licence fees are payable on all imports from abroad, it
includes those imports for which import permits are not
required, those imported by means of a permit, an import
licence or open general licence; imports through the
border and those imported for general trading purposes by
the State Economic Enterprises (SEEs), government
departments, co-operatives and private enterprises.
Licence fees must be paid according to the specified rate
for import of goods on consignment basis either by SEEs or
private enterprises and entrepreneurs.With a view to
reducing the cost of living and to being competitive under
the market economy, the Ministry ofTrade has issued an
Import Licence Fees Order on June 28, 1991, revising the
licence fees payable on commodities imported from abroad
with effect from July 1, 1991.
The
import licence fees payable on the C.I.F (Yangon) value of
goods imported from abroad ranges from a minimum fee of K
250 to a maximum of K 50,000 as follows:
|
C.I.F value |
Import License Fees |
|
K 10,000 |
K 250 |
|
K 10,001 - K 25,000 |
K 625 |
|
K 25,001 - K 50,000 |
K 1,250 |
|
K 50,001 - K 100,000 |
K 2,500 |
|
K 100,001 - K 200,000 |
K 5,000 |
|
K 200,001 - K 400,000 |
K 10,000 |
|
K 400,001 - K 1,000,000 |
K 20,000 |
|
K 1,000,001 - and above |
K 50,000 |
Licence
fees must be paid before the date prescribed in the import
licence/permit. Those import licence/permit for which
licence fees have been paid may be extended by another
three months, if such extension is necessary.
If
amendment of any item mentioned in the original import
licence/permit is to be made, a fee of 500 Kyats for each
item so revised or 2 per cent of the total value of the
licence or permit, whichever is less, must be paid as
correctional fees.
Exemption
from licence fee has been granted to organisations,
companies and joint venture corporations permitted by the
Union of Myanmar Foreign Investment Law on the import of
such goods as machinery, equipment, instruments, machinery
components, spare parts and materials used in the
enterprise and imported as they are actually required for
use during the period of construction, with foreign
capital prescribed by the Union of Myanmar Foreign
Investment Commission. Such exemption also includes raw
materials and packing materials imported for the first 3
years commercial production in order to export finished
goods following the completion of construction.
Note:
If it is beneficial to the State and to the organisations,
companies and joint venture corporations in which
investment is made, exemption from the levy of import
licence fee will be granted as may be appropriate for a
further period after the completion of the said 3 years.
Although
the enterprises permitted under the Union of Myanmar
Foreign Investment Law are granted exemption from import
licence fees they will be allowed to import only after
obtaining an Import Licence or Open General Licence.
Exemption
of import licence fee on imported raw materials for the
production of finished goods for general trading within
the Union of Myanmar, which is not covered by the permit
of the Union of Myanmar Foreign Investment Commission will
not be granted. With effect from February 1993, the
following items have been exempted from licence fees:
a.
fertilisers.
b.
agricultural machinery and implements.
c.
pesticides.
Validity Period of Import Licence
The
validity period of import licence is normally 6 months.
However, if requested, this period may be extended by the
Ministry of Trade.
Export Procedure
1.
Registered exporter must obtain an export licence, in
conformity with the rules and regulations laid down by the
Directorate of Trade. No fee is charged for the issuance
of an export licence.
2.
An irrevocable Letter of Credit has to be opened at the
Myanma Investment and Commercial Bank by the buyer through
a correspondent or acceptable bank.
3.
The vessel the cargo is to be shipped by has to be
nominated by the buyer.
4.
Myanma Port Authority has to be contacted for the shipment
of cargo that is to be shipped on F.O.B. basis.
5.
Preshipment inspection, if required, will be conducted by
Inspection and Agency Services with respect to
specification, weight, quality and packing.
6.
Details of the cargo, such as shipping bills, other
shipping documents and customs pass etc., must be
presented to the Bank for transaction.
Import Procedure
1.
Registered importer is required to open foreign exchange
account at a Bank in order to apply for an import licence
from the Directorate of Trade.
2.
In applying for an import licence, the application shall
have attached the sales contract and/or proforma invoice
mentioning detailed specifications, mode of packing, and
delivery phasing.
3.
Import licence fees payable on the C.l.F. (Yangon ) value
of the goods imported from abroad is mentioned under
Chapter IV.
4.
An irrevocable letter of credit (L/C) has to be opened by
the importer at the Bank.
5.
If the purchase is made on F.O.B. basis, the importer has
to secure insurance from Myanma Insurance and freight
booking from Myanma Five Star Line.
6.
After receiving shipment advice from the suppliers, the
importer has to arrange for the clearance of the goods.
2.
Customs Clearance Procedures for Export and Import
The
Tariff Law was enacted on March 12, 1992 with a view to
assisting the market economy system in order to facilitate
external trade. In accordance with the Law, a notification
was issued to regulate the classification of imported
goods and assessment of duties. For modernisation and
standardisation, in line with the international practice,
the Harmonized Commodity Description and Coding System (H.S)
was introduced in April 1992.
Customs Declaration Form for
Import/Export Clearance Import
Under
the existing rules and regulations all incoming
consignments of goods must be cleared through the Customs
Department under an Import Declaration form (CUSDEC - 1).
The Import Declaration form is to be accompanied by the
following documents: -
1.
Import licence / permit
2. Invoice
3. Bill of Lading or Air Consignment Note
4. Packing list
5. Other Certificates and permits issued by the relevant
Government Departments as a condition for Import.
Customs
duty is payable according to the tariff schedule. Import
duty is levied on the tax base, assessable value, which is
the sum of C.l.F. value and landing charges of 0.5 per
cent of C.I.F. value. Together with customs duty,
Commercial tax is levied on the imported goods basing on
the landed cost which is the sum of assessable value and
import duty. These taxes are collected at the point of
entry and the time of clearance.
Export
On
the shipment of export commodities an Export Declaration
Form (CUSDEC - 2) must be submitted to the Customs
Department together with the following documents:
1.
Export licence / permit
2. Invoice
3. Packing list
4. Sales Contract
5. Shipping Instruction
6. Letter of Credit or General Remittance Exemption
Certificate
7. Payment advice referring Inward Telegraphic Transfer
Private No./Inward Telegraphic Transfer Government No.
8. Sample of goods
9. Forest pass for the shipment of forestry produce
10. Health Certificate for the export of live animals
11. Forest permit for the export of wild live animals
12. Other certificates and permits as required by the
government agencies concerned.
Customs
duty is levied on exported goods according to the tariff
schedule and export duty is levied on the tax base F.O.B
value.
Customs Declaration Form for
Transit Trade
All
commodities, not for domestic consumption and imported for
transit trade, are required to furnish the prescribed
form, ie. CUSDEC - 3, attached with the following
documents:
1.
Bill of Lading or air consignment note or truck note
2. Transit Trade Licence or permit issued by the Ministry
of Trade
3. Commercial Invoice
4. Sales contract between seller and buyer or contract
between seller and authorised agent
5. Guarantee bond, undertaken in strict compliance with
regulations: failure to export will be dealt with
according to the existing law.
Transit
duty is based on the C.l.F. value of the imported goods
and will be levied at 2.5% ad valorum rate.
Clearance under Special Order
A
special order may be granted for rapid clearance of the
following types of goods imported by sea or air:
1.
Perishable goods
2. Goods immediately required by government projects and
enterprises
3. Live animals, human remains.
Temporary Importation
Commodities,
imported temporarily for inward processing. such as
industrial raw materials, packing materials are exempted
from customs duty for a period of two years under bond to
re-export within a time limit.
Claims for Drawback
Seventh-eighth
of the customs duty paid on goods that could be easily
identified will be refunded when such goods are withdrawn
from the country again under the drawback facility in
accordance with the following conditions :-
1.
The re-export goods must be identical with those imported
on payment of duty.
2.
Two years must not have elapsed since their importation in
cases where the port of re-export is the same as that of
import. The time may be extended up to three years on
application.
3.
The re-export goods must not be included among the
articles declared to be incapable of being identified.
4.
The goods must not be re-exported to a port to which
shipment under claim for drawback is prohibited.
5.
The goods exported must not be of less value than the
amount of drawback claimed.
6.
The claim for drawback should not ordinarily be less than
5 kyats in respect of any single shipment.
7.
The goods must not be included among the articles declared
to be prohibited or restricted.
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