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[h=1]Tanzania, Burundi join Single Custom Territory[/h]
Rwanda's President Paul Kagame walks alongside his Burundian counterpart Pierre Nkurunzinza and Tanzania's President Jakaya Kikwete. Tanzania and Burundi have joined Uganda, Kenya and Rwanda in implementing the single custom territory (SCT). AFP
By ISMAIL MUSA LADU
Posted Thursday, June 19 2014 at 09:50
In Summary
Tanzania and Burundi have joined Uganda, Kenya and Rwanda in implementing the Single Custom Territory (SCT), Uganda Revenue Authority (URA), one of the regional implementing agencies has confirmed.
The SCT is a regional initiative meant to speed up the clearance of goods and quicken revenue collection.
Until recently, Tanzania and Burundi had been reluctant, saying the initiative (SCT) was arrived at without participation of all the member states, implying that it lacked the regional appeal of the five East African Community EAC member countries.
According to URA, the five EAC member states have now agreed to enforce the SCT initiatives.
[h=1]Tanzania, Burundi join Single Custom Territory[/h]
By ISMAIL MUSA LADU
Posted Thursday, June 19 2014 at 09:50
In Summary
- Tanzania and Burundi had been reluctant to join, saying the initiative was arrived at without participation of all the member states.
- Beverages such as mineral water, soft drinks and beer have also been added onto items to be cleared under the SCT system.
Tanzania and Burundi have joined Uganda, Kenya and Rwanda in implementing the Single Custom Territory (SCT), Uganda Revenue Authority (URA), one of the regional implementing agencies has confirmed.
The SCT is a regional initiative meant to speed up the clearance of goods and quicken revenue collection.
Until recently, Tanzania and Burundi had been reluctant, saying the initiative (SCT) was arrived at without participation of all the member states, implying that it lacked the regional appeal of the five East African Community EAC member countries.
According to URA, the five EAC member states have now agreed to enforce the SCT initiatives.