Morocco Raises Import Duty Rate to 40% in New Finance Act
The import duty rate has increased from 30% to 40% following the publication of the 2020 Amended Finance Act in Official Bulletin No. 6903 on Monday, July 27, 2020.
Nabyl Laghdar, Director General of the Customs and Indirect Taxes Administration (ADII) issued two circulars No. 6075/211 and No. 6074/211 on July 27, 2020. In the first, he informed his services that the customs provisions contained in the Amended Finance Act No. 35-202 for the year 2020, in particular the increase in the import rate from the common law regime from 30 to 40%, take effect on Monday, July 27, 2020.
The second circular relates to the preferential safeguard measure applied to imports of certain textile and clothing products originating in Turkey. The additional ad-valorem duty applied will now be calculated on the basis of the new import rate of 40%.
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