Parliament allows certain imported equipment to be stored longer - News.MN

Parliament allows certain imported equipment to be stored longer

Old News! Published on: 2010.05.21

Parliament allows certain imported equipment to be stored longer

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Г. Нэргүй
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Parliament has approved changes in the Customs
regulations to allow certain equipment and machinery imported into the country
to be stored with the Customs for a longer period. At present they can be so
stored for one year at the most, but MPs decided, after along discussion, that
anything to do with petroleum exploration work authorized by the Government,
and also with aircraft can be kept for 3 years and 6 months.

Ya.Batsuuri said the storage fees could be increased for
every year following the first, but the standing committee head Ts.Davaasuren did
not agree, saying this would cause accounting problems. He suggested that the
fees be placed in the State account as it was part of tax revenue, instead of
in a special account as at present.

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