AreaAngola

Commodity GroupMilk and Dairy Products

CommodityMilk

Date01/06/2024

Policy CategoryTrade

Policy InstrumentImport tariff

DescriptionIssued Presidential Legislative Decree No. 1/24, announcing a new schedule for customs tariffs of import and export duties, including an increase of import duties for liquid milk (HS 0401) from 10 percent to 40 percent in 2024. The new schedule provides the structure of Harmonized System Nomenclature, interpretation guidelines, dispute resolution mechanisms, and regulations on Value Added Tax, Special Consumption Tax, and General Customs Fees, and it aims to generate more government revenue while also protecting domestic production.