On April 1, 2024, Angola issued Presidential Legislative Decree No. 1/24 – a new Schedule for Customs Tariffs of Import and Export Duties. The new tariff schedule aims to generate more government revenue while also protecting domestic production. Key updates include the structure of Harmonized System Nomenclature, interpretation guidelines, dispute resolution mechanisms, and regulations on Value Added Tax, Special Consumption Tax, and General Customs Fees. It also addresses customs benefits, safeguard measures, protection of emerging industries, and the revocation of previous decrees.
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