Advanced Ruling Programmes boost efficiency
Traders to enjoy faster clearance of goods
Advanced Ruling Programmes reduce disputes during the clearance of goods, thus eliminating unnecessary delays at the borders.
The Advanced Ruling Programme launched by the Namibia Revenue Agency (NamRa) yesterday will support Namibian traders in reducing the amount of time spent at the borders, which will further contribute towards reducing the cost of doing business.
Advanced Ruling Programme are critical as it provides for transparent and formal processes upon which importers and exporters receive, upon request, a binding written ruling from a customs administration prior to the transaction.
This reduces disputes during the clearance of goods, thus eliminating unnecessary delays at the borders.
These remarks were made by Paulina Elago, Executive Secretary of the Southern African Customs Union (SACU), the oldest customs union in the world.
In doing business, it is critical that there is predictability across the entire value chain of doing business including the customs requirements at the borders
It is important that our traders are certain with regards to importation requirements for their goods, as this will reduce chances of misclassification on products and time spent by customs administration in classifying in classifying goods.
This will boost efficiency and improve Namibia’s performance and rating in the Trading Across Border Index.
Elago said the launch of the Advanced Ruling Programme took place at a time when the SACU council ministers in a meeting held in Botswana in June, approved the SACU regional economic operator programme which will see accredited traders enjoying faster clearance of goods across the SACU border posts. “The Advance Ruling Programme further complete such a programme, and I wish to implore our business community in Namibia to fully utilise these initiatives,” she said.
Moreover, “this launch is timely for our region as we have embarked on a process to develop a SACU trade facilitation and logistics programme that is envisaged to improve the seamless flow of cross border trade environment in SACU.”
The programme is to support industrialisation and the trade agenda in SACU by creating seamless and conducive trade environment, she said.
Advanced Ruling Programme are critical as it provides for transparent and formal processes upon which importers and exporters receive, upon request, a binding written ruling from a customs administration prior to the transaction.
This reduces disputes during the clearance of goods, thus eliminating unnecessary delays at the borders.
These remarks were made by Paulina Elago, Executive Secretary of the Southern African Customs Union (SACU), the oldest customs union in the world.
In doing business, it is critical that there is predictability across the entire value chain of doing business including the customs requirements at the borders
It is important that our traders are certain with regards to importation requirements for their goods, as this will reduce chances of misclassification on products and time spent by customs administration in classifying in classifying goods.
This will boost efficiency and improve Namibia’s performance and rating in the Trading Across Border Index.
Elago said the launch of the Advanced Ruling Programme took place at a time when the SACU council ministers in a meeting held in Botswana in June, approved the SACU regional economic operator programme which will see accredited traders enjoying faster clearance of goods across the SACU border posts. “The Advance Ruling Programme further complete such a programme, and I wish to implore our business community in Namibia to fully utilise these initiatives,” she said.
Moreover, “this launch is timely for our region as we have embarked on a process to develop a SACU trade facilitation and logistics programme that is envisaged to improve the seamless flow of cross border trade environment in SACU.”
The programme is to support industrialisation and the trade agenda in SACU by creating seamless and conducive trade environment, she said.
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