No Result
View All Result
Monday, December 1, 2025
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Business

New customs import tariffs announced by Serraj-led PC/GNA

bySami Zaptia
April 27, 2017
Reading Time: 2 mins read
A A
New customs import tariffs announced by Serraj-led PC/GNA

The Serraj government has introduced new import customs duties (Photo: PC/GNA).

By Sami Zaptia.

The Serraj government has introduced new import customs duties (Photo: PC/GNA).
The Serraj government has introduced new import customs duties (Photo: PC/GNA).

 

London, 27 April 2017:

A new set of customs tariffs was announced this week by the Faiez Serraj-led Presidency Council / Government of National Accord (PC/GNA). The tariff ranges from zero percent on basic foods to 50 percent on domestic electrical goods, electrical goods, tyres and batteries and vehicle spare parts.

The new tariffs are announced in conjunction with the new dollar import allocations set for the 2017 budget.

RELATED POSTS

Libyan Export Promotion Centre looking to end Turkish customs tariffs on Libyan exports

Libya exploring increasing exports to Turkey as part of its diversification policy – removing Turkish tariffs on Libyan products discussed

 

 

New import customs duties 2017 – Products Customs duty
1 Food products: flour(retail packing ), vegetable oils, tomato paste, power milk, concentrated milk, sugar, rice, tea, triangle cheese, pasta and tinned tuna. 0%
2 Wheat 0%
3 Medicines and health equipment & products 30%
4 Baby milk and food 0%
5 Mother and child goods 30%
6 Various other food products 40%
7 Dairy products 30%
8 Livestock and frozen meats 30%
9 Raw materials for local production 0%
10 Cement, paint and pastes 30%
11 Cleaning products 50%
12 Veterinary product 30%
13 Finished animal feed 30%
14 Fertilizers, seeds & agricultural products 30%
15 Stationery and school products 30%
16 Clothes and shoes 30%
17 Electrical goods 50%
18 Domestic electrical goods 50%
19 Tyres and batteries 50 %
20 Car & HGV spare parts 50%

 

 

This new tariff decree prescribes that the importer deposits the estimated customs duty in advance. If the import process is cancelled for good reason, it would be refunded. Local Ministry of Economy offices would follow up on the prices charged and the distribution of goods by the importer.

The decree specifically cancels the earlier decree imposing the unified 100 percent import tariff on most goods.

Enforceability of this decree will be the main challenge for the Tripoli authorities on border and port points where central Tripoli authority is weak. Corruption and the total sidestepping of the payment of customs duties is rife. It is partially for this reason that Serraj had initially imposed the 100 percent duty on the opening of LCs – prior to any goods arriving.

Equally, it is thought that Libya has tariff exemption agreements with Arab countries which would preclude this latest decree.

Tags: customs duties tariffsfeaturedimport duties

Related Posts

NOC condemns Friday’s Mitiga aviation fuel depot shelling, evacuates staff
Business

Brega raising its Mitiga Airport Aviation Fuel Depot’s storage capacity from 360,000 to 760,000 litres

December 1, 2025
NESDB discusses food security and social protection with World Food Programme
Business

Dialogue session held on “Governmental and Non-Governmental Sukuk-Bonds” as innovative financing tools for economic growth

December 1, 2025
The International Forum & Exhibition for Free Zones – Misrata: 28 to 29 June at Misrata Free Zone
Business

Misrata Free Zone port strengthens its regional position by receiving a new shipping line

December 1, 2025
Libya and Shell discuss several areas of cooperation
Business

Libyan Ministry of Oil and Gas and Algeria’s Sonatrach discuss enhancing cooperation in the sector

December 1, 2025
Former Tripoli Marriot hotel rebranded, upgraded and reopened as Al-Hayat Tower
Business

Former Tripoli Marriot hotel rebranded, upgraded and reopened as Al-Hayat Tower

December 1, 2025
Benghazi Security Directorate warns against charging any commission on e-payments
Business

Benghazi Security Directorate warns against charging any commission on e-payments

November 29, 2025
Next Post

Algeria is giving Libyans hope says UN envoy

Libya’s press and media are among the world’s least free

Libya's press and media are among the world's least free

libyaherald-Ads

Top Stories

  • LBBC concludes productive Benghazi visit strengthening UK-Libya business collaboration

    Libya’s energy transition represents one of North Africa’s most significant infrastructure opportunities: LBBC Chairman Peter Millett

    0 shares
    Share 0 Tweet 0
  • ‘‘Serious interest from American companies in returning to the Libyan market confirms their confidence in the path of reform and stability’’

    0 shares
    Share 0 Tweet 0
  • Security plan within Tripoli has resulted in the resolution of several cases: Interior Minister Trabelsi

    0 shares
    Share 0 Tweet 0
  • Seventy percent of waste is recyclable and can earn money – councils must work with the private sector to solve their recycling problems

    0 shares
    Share 0 Tweet 0
  • Libya needs over one million housing units over next 10 years costing over 200 billion dinars

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

Brega raising its Mitiga Airport Aviation Fuel Depot’s storage capacity from 360,000 to 760,000 litres

Dialogue session held on “Governmental and Non-Governmental Sukuk-Bonds” as innovative financing tools for economic growth

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.