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Explanation of the Procedure of Outward Custom Processing

   

Added on  2022-11-07

4 Pages505 Words184 Views
Running head: MANAGEMENT
COVER PAGE
Student Name Date
Work Title Contact
TOPIC 1 Outward custom
processing
TOPIC 2
Campus West Bay, Doha Subject Code CUS
Marker Marks
Assignment
No:
Plagiarism
Dear xx

1MANAGEMENT
Explanation of the procedure of outward custom processing
The concept of outward processing is completely opposite of the concept of inward processing
procedure. The outward processing procedure allows the community goods to be processed
aboard. Along with this, the procedure also allows the community for putting the goods for free
circulation where the duty needs to be paid on the value that has been added abroad.
Importance of the procedure
Without the outward processing procedure, duty would have been paid for goods were produced
in the community and on the value added abroad (Häntsch & Huchzermeier, 2016). The
guidelines that are concerns with the custom procedures impose high economic impact on the
nation. The guideline associated with outward processing procedures only of explanatory
purpose and not any kind of legislation. The chief purpose of these laws is for facilitating the
appopiate application associated with the legal provisions.
Effectiveness of the Procedure practices in GAC
The procedure practice at General Administration of Customs (GAC) is highly effective.
Outward custom processing enables faulty goods that need to be returned to the third country for
the purpose of repairing. Not only this, it helps to reimport goods to the native nation by reduced
nil duty as well as liability.
Research Methodology
For collecting the data for the research, both primary and secondary data collection method will
be implemented. For collect primary data, interview of two custom officers associated with GAC

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