News

Customs trends, guidance at key meet

The private sector has drawn attention to a host of issues for customs and excise to optimise operations, control the entry of illegal or restricted goods into Cambodia, bring in more revenue to state coffers, and protect local producers. ...

Hom Phanet
https://www.phnompenhpost.com/business/customs-trends-guidance-key-meet

Study set to pinpoint trade flow bottlenecks at ports

The results of a crucial ongoing study will enable Cambodia to set out a framework of strategies to enhance the efficiency of the trade facilitation environment and the Kingdom’s competitiveness on the international stage, according to General Department of Customs and Excise (GDCE) director-general Kun ...

Hin Pisei
https://www.phnompenhpost.com/business/study-set-pinpoint-trade-flow-bottlenecks-ports

Customs logs nearly $1.16B in first half 2021

The Ministry of Economy and Finance’s General Department of Customs and Excise of Cambodia (GDCE) collected $1.1595 billion in revenue in the first half of 2021, down 8.9 percent year-on-year. ...

Thou Vireak
https://phnompenhpost.com/business/customs-logs-nearly-116b-first-half-2021

Special tariffs cut to boost auto sales

From early next month, the special tariffs on imported family vehicles will be reduced by 10 to 25 percent according to engine size, according to an announcement from the General Department of Custom and Excise. ...

Sok Chan
https://www.khmertimeskh.com/50816772/special-tariffs-cut-to-boost-auto-sales/

Japan to assist in Cambodian customs clearance automation

The Japanese government will assist the Cambodian General Department of Customs and Excise of Cambodia (GDCE) in setting up an automated customs clearance system that will speed up cargo clearance time, alleviating congestion problems that slow the process.​​ ...

Jason Boken
https://www.khmertimeskh.com/50804464/japan-to-assist-in-cambodian-customs-clearance-automation/

Cambodia adopts ASEAN service for customs clearance

Cambodian importers and exporters can now apply for ASEAN Customs Declaration Documents (ACDD) electronically through the ASEAN Single Window (ASW), the General Department of Customs and Excise of Cambodia (GDCE) said on December 24. ...

May Kunmakara
https://www.phnompenhpost.com/business/cambodia-adopts-asean-service-customs-clearance

Prolonged VAT exemptions to benefit farmers

As revenues have soared, the General Department of Customs and Excise of Cambodia (GDCE) has opted not to impose new value-added taxes (VAT) on select agricultural equipment in policies set to take effect on January 1, next year. ...

Thou Vireak
https://www.phnompenhpost.com/business/prolonged-vat-exemptions-benefit-farmers

Revenue from customs and excise to feel impact of Covid-19 outbreak, GDCE says

The General Department of Customs and Excise (GDCE) said its 2020 revenue will take a hit from the outbreak of the novel coronavirus in China. The department is unlikely to meet revenue goals for 2020 as import-export activity in the Kingdom slows down due to the ...

May Kunmakara
https://www.phnompenhpost.com/business/revenue-customs-and-excise-feel-impact-covid-19-outbreak-gdce-says

GDCE’s revenue up 35 percent

Revenue at the General Department of Customs and Excise (GDCE) saw a significant increase during the first nine months of the year, growing by 35 percent over the corresponding period last year, GDCE’s director said last week. From January to September, the department collected almost $2.4 ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50652815/gdces-revenue-up-35-percent/

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