Summary.
The Cabinet decree amends Panama’s Import Tariff by changing tariff headings, creating and removing classifications, and revising descriptions.
What it covers.
- Changes Import Tariff headings and customs duties.
- Creates and removes tariff headings.
- Revises descriptions of food preparations.
Who it applies to.
- Importers of goods covered by the listed tariff headings.
- Authorities responsible for applying the Import Tariff.
Key points.
- Amends Import Tariff headings covering, among other goods, petroleum jelly, metal polishes, machine parts and toilet sprays.Art. 1
- Creates headings for products including dehydrated broths, cement additives, cosmetic containers, electrical conductors and brushes.Art. 2
- Removes headings 3824.40.00, 7408.11.00, 8544.20.00 and 9603.30.00 from the Import Tariff.Art. 3
- Revises descriptions of broths, soups, potages and other dehydrated preparations packaged for retail sale.Art. 4
- Directs that an authenticated copy of the Cabinet decree be sent to the Legislative Assembly (Asamblea Legislativa).Art. 5
Validity and changes.
- Import Tariff (Arancel de Importación)Art. 1: amends headings; Art. 2: creates headings; Art. 3: removes headings; Art. 4: revises descriptions.