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SUNDAY, NOVEMBER 14, 1982
IN ADDITION, CONSIDERATIONS WILL BE GIVEN TO WHAT OTHER SERVICES AND FACILITIES ARE REQUIRED AND HOW THEY CAN BE PROVIDED.
+THE PROPOSAL INCLUDES THE STUDY OF TECHNOLOGY TRANSFER TECHNIQUES IN NEIGHBOURING ASIAN COUNTRIES, AND WILL DRAW ON THE ADVICE AND ASSISTANCE OF LOCAL AND OVERSEAS SPECIALISTS IN THIS FIELD, THE SPOKESMAN SAID,
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LODGING OF IMPORT AND EXPORT DECLARATIONS
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MANY IMPORTERS AND EXPORTERS APPEAR TO BE WASTING THEIR MONEY UNNECESSARILY ON PENALTY CHARGES FOR NOT SUBMITTING IMPORT OR EXPORT DECLARATIONS WITHIN THE ALLOWED PERIOD OF 14 DAYS, A SPOKESMAN FOR THE CUSTOMS AND EXCISE DEPARTMENT SAID TODAY (SUNDAY).
THE SPOKESMAN STRESSED THAT IMPORTERS AND EXPORTERS IN HONG KONG, INCLUDING INDIVIDUALS AND ORGANISATIONS NOT ENGAGED IN TRADE, ARE REQUIRED BY LAW TO SUBMIT IMPORT OR EXPORT DECLARATIONS COVERING ALL THEIR TRANSACTIONS (INCLUDING THOSE NOT FOR TRADE PURPOSES), OTHER THAN GOODS EXEMPTED UNDER REGULATION 3 OF THE IMPORT AND EXPORT (REGISTRATION) REGULATIONS, WITHIN 14 DAYS OF IMPORTATION OR EXPORTATION.
ANY IMPORT OR EXPORT DECLARATION SUBJECT TO PAYMENT OF AD VALOREM CHARGES SUBMITTED OUTSIDE THE PRESCRIBED PERIOD OF 14 DAYS WILL BE LIABLE TO PENALTY CHARGES WHICH RISE AFTER TWO MONTHS PLUS 14 DAYS TO A MAXIMUM OF $100 PER DECLARATION WHERE THE TOTAL VALUE OF THE GOODS DOES NOT EXCEED $20 000, AND TO A MAXIMUM OF $200 PER DECLARATION WHERE THE TOTAL VALUE OF THE GOODS EXCEEDS $20 000.
PROSECUTIONS MAY BE INITIATED AGAINST THOSE WHO, WITHOUT GOOD REASONS, FAIL TO LODGE THE NECESSARY IMPORT OR EXPORT DECLARATIONS.
THE SPOKESMAN SAID THAT MANY OF THE PENALTY AND PROSECUTION CASES COULD HAVE BEEN AVOIDED IF THE DECLARANTS HAD LODGED THE NECESSARY IMPORT OR EXPORT DECLARATIONS WITHIN THE TIME ALLOWED.
DECLARANTS MAY CONTACT THE CUSTOMS AND EXCISE DEPARTMENT AT TELEPHONE NUMBERS 5-455118, 5-444674, 5-436560 AND 5-439372 FOR INFORMATION ABOUT LODGEMENT OF IMPORT AND EXPORT DECLARATIONS.
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