Harmonized Code Assignment Example | Topics and Well Written Essays - 500 words

Harmonized Code - Assignment Example to be a net foreign exchange earner however, they will not in any way be subjected a pre- determined value addition or any form of minimum export performance (CBP). In terms of the domestic tariff area by the special economic zones have to be a net foreign exchange earner. However the units in the Zone will have to be a net foreign exchange earner and will not be subjected to any predetermined value addition or the export performance requirements. The sales in the domestic tariff centre will also be subjected to the payment of full custom duty and the import policy which will be in force. The policy that has been used in this case provides for setting up of the special economic zones in the public, private, the joint sector and the United States government. It is also worth to note that some of the export processing zones will be converted in to special economic zones. In the same way, the government has export processing zones that are located in most of the countries it does business with. So in the case where there are 202 countries in falling under the general tariff of 0.8 there will be 4 sections with 20 chapters depending on the number of tariffs that are required in each section