The East African Community (EAC) Committee on Customs has agreed on full implementation of Single Customs Territory system (SCT) effective 31 July, this year, to enable faster clearance of goods and reduce the cost of doing business in the region.
Through this, the respective governments look forward to cutting time and resources used in collecting custom taxes at various borders. The agreement was reached in Dar es Salaam, yesterday, by respective Commissioner Generals of Revenue Authorities from Tanzania, Kenya, Uganda, Rwanda, Burundi and South Sudan.
“SCT commenced in 2014 as a pilot project and we believe that we had enough time to examine how it operates and now is the time to roll it out. This is the most important decision we have made after a week-long meeting,” said, Chairperson of the Committee, Dicksons Kateshumbwa. Read more. Source | Daily News