No Result
View All Result
Sunday, May 3, 2026
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

China cancels customs duties on Libyan imports starting from this May – banking and financial cooperation will be enhanced

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

 

 

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

GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Business

Tripoli Libyan government delegation holds meeting with U.S. Geological Survey – to assess Libya’s mineral resources, strategic and rare minerals

May 3, 2026
GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Business

Libyan government delegation meets – US Department of Energy – discusses developing oil and gas sector and strategic energy projects

May 3, 2026
GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Business

Libyan government delegation visits US – discusses strengthening cooperation in investment and governance

May 3, 2026
PM Aldabaiba inaugurates 6th African Construction & Equipment Exhibition -with several international participants
Business

PM Aldabaiba inaugurates 6th African Construction & Equipment Exhibition -with several international participants

May 3, 2026
Kufra Airport continues to provide safe air navigation to foreign carriers over its isolated southeastern skies
Business

Air France flights over Libya causing concern to crew union – other airliners have been overflying since 2025

May 3, 2026
Tripoli to host the 2nd Libya Real Estate Investment Exhibition “Sphere Expo 2026” with broad regional participation
Business

Tripoli to host the 2nd Libya Real Estate Investment Exhibition “Sphere Expo 2026” with broad regional participation

May 2, 2026
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

Top Stories

  • Chevron and Libya’s National Oil Corporation sign MoU to evaluate shale oil and gas resources – estimated at 18 billion barrels and 123 trillion cft

    Chevron and Libya’s National Oil Corporation sign MoU to evaluate shale oil and gas resources – estimated at 18 billion barrels and 123 trillion cft

    0 shares
    Share 0 Tweet 0
  • New shipping line between Italy-Tunisia-Tripoli launched today

    0 shares
    Share 0 Tweet 0
  • Boeing signs a strategic agreement with Libya to modernize its civil aviation

    0 shares
    Share 0 Tweet 0
  • US sells US$ 95 million worth of border security equipment to Tunisia – can a similar deal between the EU or the US be struck with Libya?

    0 shares
    Share 0 Tweet 0
  • CBL loosens foreign currency controls – including permitting cash dollar deposits and transfer

    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

Tripoli Libyan government delegation holds meeting with U.S. Geological Survey – to assess Libya’s mineral resources, strategic and rare minerals

Libyan government delegation meets – US Department of Energy – discusses developing oil and gas sector and strategic energy projects

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.