Jordan Adjusts Tax Rules For Imported Clothing Products
The Jordanian Customs Department has recently adjusted the taxation rules for imported clothing products. The original method of taxation is 20% of imports. The new tariff will be calculated according to the amount of $1.4 / kg, and the ad valorem tax will be calculated according to the tax rate of 5%, and the two item will be collected from the high tax.
Jordanian clothing industry believes that the new tariff will lead to increased tariffs on clothing products, which will increase the average cost of $5500-7000 per container. The cost will eventually be passed on to consumers, resulting in the rise of domestic clothing prices in Jordan.
The head of the customs and Excise Department of Jordan said that the purpose of the tariff adjustment is to encourage the import of high quality clothing products.
At the same time, second-hand clothing and textile products will not apply to the new tax code.
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