The House of Representatives approved during Sunday’s plenary session the Presidential Decree No. 558 of 2021 to amend some categories of customs tariffs, including introducing a 10 percent tax on mobile phone devices after they were exempt from the tax, as well as five percent on photovoltaic cells. The Chairman of the Planning and Budget Committee Fakhri al-Feki presented the committee’s report on customs tariff amendments. Accordingly, the Technical Secretariat of the Supreme Council for the Customs Tariff completed studying the proposals of these companies with the participation of representatives of the Ministry of Trade and Industry, where it was agreed on the following:– Imposing a customs tax of 10 percent on Egypt’s imports of mobile phones. – Imposing a customs tax of five percent on imports of photovoltaic cells, even if they are assembled in the form of units or prepared in the form of panels.


Source:   Egypt Independent
November 28, 2021 21:45 UTC