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Understanding Single Customs Territory by Kalpesh Rathod is a document available to read on EtoBox.

What is Understanding Single Customs Territory about?

The document discusses the Single Customs Territory (SCT) initiative in the East African Community (EAC). The SCT allows goods to be cleared at the first point of entry and taxes paid at the destination country. It aims to reduce costs for businesses by eliminating duplicate customs processes. The SCT started as a pilot in 2014 and is planned for full rollout in the EAC in December 2015. It is expected to benefit businesses through reduced costs and clearance times, and promote trade, investment and economi

Author

Kalpesh Rathod

Language

EN