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Cablegate: Brunei Implements Excise Duty Order

VZCZCXRO2166
RR RUEHCHI RUEHDT RUEHHM RUEHNH
DE RUEHBD #0018 0150832
ZNR UUUUU ZZH
R 150832Z JAN 08
FM AMEMBASSY BANDAR SERI BEGAWAN
TO RUEHC/SECSTATE WASHDC 4061
INFO RUCPDOC/USDOC WASHDC
RUCNASE/ASEAN MEMBER COLLECTIVE

UNCLAS BANDAR SERI BEGAWAN 000018

SIPDIS

SIPDIS

STATE PASS USTR WASHDC

E.O. 12958: N/A
TAGS: ETRD ECON BX
SUBJECT: BRUNEI IMPLEMENTS EXCISE DUTY ORDER


1. The Government of Brunei has taken a first step to gradually
remove import duties to fulfill its obligation under the various
FTAs it has signed including the ASEAN FTA (compliance before 2010)
and P4 (end trade tariffs by 2015). The Ministry of Finance held a
series of industry education events just before the new year to
prepare the public for the Customs Import Duties Order 2007 and the
Excise Duty Order 2007 which came into force on January 1, 2008.
The new orders affect three categories of goods -- cigarettes and
tobacco, alcoholic beverages and motor vehicles for the
transportation of persons and goods.

2. The Ministry of Finance stated that the objective of eliminating
import duties and replacing them with excise duties is to fulfill
the commitment of the country in reducing customs import tax
locally, regionally and internationally, in order to promote trade
with other countries. The new excise tax was imposed to fully
offset the loss of customs duties (Comment: following the Singapore
practice. End Comment.)

3. The Excise Duty Order was issued on April 12, 2007, allowing
excise duty to be charged on any goods imported into or manufactured
in Brunei, at applicable rates as set out in the first schedule of
the order. With the implementation of the Excise Duty Order 2007,
customs import duty will no longer be levied on the three types of
goods. Instead, excise duty will be levied, at the same rate
previously levied under the Customs Import Duties (Amendment) Order
2004 (Chapter 36 of the Customs Act).

4. Exemption from excise duty under certain categories remain, i.e.
diplomatic privileges, used personal effects, samples, industrial
machinery, etc.

SKODON

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