Columbia Levying Compound Tax On Imported Textiles And Footwear

< p > > a href= "//www.sjfzxm.com/news/index_c.asp" > Columbia < /a > to combat abnormal import of footwear and footwear related to money laundering and suspected money laundering, Decree No. 074 was issued in January 23rd (2013). In accordance with the import tariff of a href= "http:// www.sjfzxm.com/news/index_c.asp" > textile > /a > and footwear, a total of 5 US dollars per kilogram was collected from the import duties 61, 62, 63 and 64.06 tax items. From the volume tax and 10% ad valorem duty, the import tax 64 and the 64 dollars were collected from the quantity tax and 10% ad valorem duty. The above measures ended in February 28th.

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< p > > the Ministry of Commerce and tourism of the Republic of Korea announced in January 28th this year that act No. 456th decrees that the adjustment of < a href= "//www.sjfzxm.com/news/index_c.asp" > compound tax < /a > has been implemented since March 30th of this year, replacing the original Decree No. 074 and extending the 2 year effect period.

< p > spun part: for the unit price exceeding US$10/kg, the 10% ad valorem tax and the US$3/kg amount tax are charged; the 10% ad valorem tax and the US$5/kg amount tax for the unit price less than US$10/kg; < /p >

< p > footwear: for both units with a unit price exceeding US$7/, a 10% ad valorem duty and a US$1.75/ double amount tax are charged; the 10% ad valorem tax and the US$5/ double duty tax are imposed on the unit price below US$7/.

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< p > the deputy director of Maria del Mar Palau of the Ministry of Commerce, industry and tourism, said that the design of the above compound tax can strike against abnormal import behavior, and two can ensure that the upper limit of 40% of the WTO commitment is fulfilled.

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< p > footwear manufacturers in Columbia are now striving to expand their share in the domestic market and expect to seize 80% of the domestic market share and win back the leading position in the domestic market.

In recent years, due to the rapid export of Asian footwear to Columbia, the footwear industry in Columbia has been severely damaged.

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< p > Columbia shoes, leather and leather products association hopes that the domestic market share of footwear industry will rebound sharply in 2014.

At present, Columbia's domestic production accounts for only 40% of the market share.

The association plans to occupy 80% of the domestic market share in 5 years.

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P luisgustavofl chairman Lewis Gustavo re proposed that the direct result of this result is unfair competition in the import of Asian goods.

Leather and footwear products are mainly affected by illegal imports. The No. 074 industry market management law points out that only by restricting imports can we effectively solve this problem.

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< p > data show that in 2012, Columbia imported 16 million 400 thousand pairs of shoes in the first ten months, compared to 7 million 700 thousand pairs in the same period in 2013. Since the entry into force of the March law, import volume has dropped significantly.

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