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MONDAY, AUGUST 2, 1976
IMPORTERS AND EXPORTERS REMINDED OF THE IR OBLIGATIONS
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THE COMMERCE AND INDUSTRY DEPARTMENT TODAY REMINDED IMPORTERS AND EXPORTERS OF THE IR OBLIGATIONS TO LODGE TRADE DECLARATIONS AND PAY AD VALOREM CHARGES WITHIN 14 DAYS OF IMPORTATION AND EXPORTATION.
A SPOKESMAN FOR THE DEPARTMENT SAID THAT UNDER THE IMPORT AND EXPORT (REGISTRATION) REGULATIONS, IMPORTERS AND EXPORTERS ARE REQUIRED TO PAY AD VALOREM CHARGES ON ALL IMPORTS AND EXPORTS OTHER THAN THOSE CATEGORIES OF GOODS EXEMPTED UNDER REGULATION 3.
TRADE DECLARATIONS SUBMITTED OUTSIDE THE PRESCRIBED PERIOD OF 14 DAYS WILL BE LIABLE TO PENALTY CHARGES WHICH RISE AFTER TWO MONTHS TO A MAXIMUM OF $100 PER DECLARATION WHERE THE TOTAL VALUE OF ARTICLES SPECIFIED DOES NOT EXCEED $20,000, AND TO A MAXIMUM OF $200 PER DECLARATION WHERE THE TOTAL VALUE OF ARTICLES SPICIFIED EXCEEDS $20,000.
THE SPOKESMAN WARNED THAT PROSECUTIONS WILL BE INITIATED AGAINST THOSE WHO, WITHOUT REASONABLE EXCUSE, FAIL TO LODGE THE NECESSARY TRADE DÉCLARATIONS.
H.K. SCHOOLS CHINESE DANCE TEAM LEAVES FOR U.K.
NOTE TO EDITORS:
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THE HONG KONG SCHOOLS CHINESE DANCE TEAM WILL LEAVE FOR U.K. TOMORROW (TUESDAY) TO ATTEND THE 8TH INTERNATIONAL FESTIVAL OF YOUTH ORCHESTRAS AND PERFORMING ARTS TO BE HELD IN ABERDEEN, SCOTLAND AND LONDON.
THE TEAM MEMBERS AND ACCOMPANYING OFFICIALS WILL ARRIVE AT KAI TAK AIRPORT AT 6 P.M. THEY WILL LEAVE BY BRITISH AIRWAYS FLIGHT NO. BA821 WHICH IS SCHEDULED TO TAKE OFF AT 7.20 P.M.
YOU ARE INVITED TO SEND A REPRESENTATIVE TO COVER THE TEAM'S DEPARTURE.
O