Egypt: Egypt Moves to Exempt Key Commodities from Freight Value Added Tax

  |   Attaché Report (GAIN)

Link to report:

Egypt: Egypt Moves to Exempt Key Commodities from Freight Value Added Tax

On November 18, 2020, the Egyptian Cabinet approved a draft bill that exempts importers of key commodities from paying value-added tax (VAT) on shipping costs. The legislative amendments to the VAT Tax Act are expected to remove taxes paid on freight costs for grains, legumes, table salt, and spices. If implemented, the previous tax policy could have disrupted agricultural commodity exports to Egypt, and place U.S. origin at a competitive disadvantage in the Egyptian market.

Egypt: Egypt Moves to Exempt Key Commodities from Freight Value Added Tax

Exporting, Regulations & Requirements
Egypt, Near East
Grains, Feeds and Fodders, Corn, Wheat, Oilseeds, Soybeans, Sugar

Database Source:

Related Reports

View More
Attaché Report (GAIN)

India: Coffee Annual

FAS Mumbai forecasts marketing year (MY) 2025/26 coffee production (Oct/Sep) at six million 60-kilogram bags. A dry spell during January and February, followed by strong winds and excessive pre-monsoon rains in March and May,
Attaché Report (GAIN)

Canada: Grain and Feed Annual

Production of wheat, corn, barley, and oats is forecast to increase two percent year-over-year to 62.7 million metric tons (MT) in MY 2025/26 and area planted to grains will increase 2.2 percent year-over-year to 27.5 million hectares, according to Statistics Canada’s planting intentions survey.
Attaché Report (GAIN)

Guatemala: Coffee Annual

Guatemala’s coffee production areas remain stable, with gradual increases in output as ongoing renovation efforts begin to show results.