The Council of Ministers has issued its decision No.
31/16/2/35099 on 18 August 2016 approving that all customs
exemptions awarded to fixed assets, which were granted pursuant to
Jordanian legislation and decisions issued thereto, be deemed
settled provided five years have lapsed from the date of issuing an
invoice or the date of issuing a customs declaration in relation to
such fixtures. Such decision shall apply on all transactions
currently being reviewed by Jordanian Customs.
The resolution reads as follows:
The Council of Ministers has reviewed the Investment Commission
letter No. 3/a/legal/8785 dated 10/4/2016, and the letter
issued by the Finance Minister/Customs No. 107/1116/33814 dated
10/7/2016, and the letter issued by the Chairman of the Legislation
and Opinion Bureau No. dt1/1/a/204 dated 9/8/2016, and in light of
the provisions of Article 8(a) of the Investment Law No. 30 of
2014, the Council of Ministers, during its session held on
17/8/2016, has decided – pursuant to the recommendation of
the Economic Development Committee as issued during its session
dated 19/7/2016 – to confirm the Investment Commission
Resolution No. 1/2/2016 dated 31/3/2016 deeming customs exemptions
awarded to fixed assets – which were granted exemptions by
virtue of any of the laws, regulations and decisions, (including,
but not limited to, the Temporary Investment Promotion Law and the
Law regarding Development Zones and Free Zones) – settled
after the lapse of five years from the date of its respective
invoice or the date of issuance of its customs declaration, ; such
decision to be enforced on all transactions with similar subjects
as raised before the Customs Department.
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