General

Recently, the Myanmar Ministry of Commerce and Trade issued General Order No. 18/2021 related to import and export, in order to smoothly revive the economy after the epidemic, ensure the orderly development of the country's import and export trade, and reduce the use of foreign exchange. When importing some commodities, it is necessary to apply for and register the relevant license.

According to the statement, from January 1, 2022, the import of electrical appliances, food, cosmetics, daily necessities, paper products, and construction-related goods shall be subject to the 2017 Customs tariff of myanmar, based on HS.code 6. Digit is 1428 types of commodities or 3070 types of commodities are required to be imported according to HS.code 10 digit.

u3000u3000 Next, in order to prepare importers and exporters and businessmen in advance, the Ministry of Commerce and Trade will continue to update the list of import licenses that need to be declared. In addition, on October 22, 2020, the Ministry of Commerce and Trade issued the Circular No. 68/2020 related to import licenses, in which a total of 3,931 imported commodities were included in the supervision list.

u3000u3000 The Ministry of Commerce and Trade stated in the statement that starting from January 2022, whether by sea, air or land transportation, import licenses must be applied for in advance when importing goods on the list, and corresponding taxes must be paid in accordance with the international HS code tax rate.

u3000u3000 In early May of this year, due to the continued decline in the kyat exchange rate, the Ministry of Commerce and Trade issued a five-category food ban, prohibiting the import of beverages, coffee, tea, milk and condensed milk and other just-needed foods from Thailand.