Libya - Customs and duties

As of 1996, the average weighted tariff was 21.3%. Import controls remain extremely tight, even by regional standards, keeping Libya a difficult place to do trade. UN sanctions have not helped the matter. In 1977, 13 industries were exempt from taxation and customs to encourage domestic production, including plastics, footwear, and metal goods. In 1982, all import duties were eliminated.

Libya has a single-column tariff schedule. Goods from all countries are subject to the same duties. Also levied are customs surcharges totaling 15% of the application customs duties. Almost all customs duties are ad valorem.

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ezzat elsheemy
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Sep 6, 2011 @ 7:19 pm
Please update the information. New Libya has new regulations in August 2011.

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