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FTIZs are subject to special import and
export law and regulations totally different from general
import and export law and regulations of the country (main
land). According to article 14 of FTIZ Act, exchange of goods
between the zones and outside the country is excluded from the
provisions of the Export-Import Regulations after being
registered at the customs office.
Exchange of goods between the zones and
rest of the country, weather of commercial nature or by
travelers, is governed by the general Export-Import
Regulations of the country. However, importation of goods
produced in a free zone to other parts of the country is
exempt from payment of all or a part of customs duties and
commercial benefit tax up to the added value thereof in the
zone. Furthermore, importation of goods produced in a zone all
or part of whose raw materials are wholly or partly supplied
domestically, is exempt from all or part (proportionally) of
the customs duties and commercial benefit tax relating to the
respective domestic raw materials.
According to article 17 of the FTIZ Act,
goods transported from the rest of the country for use and
consumption in a zone is considered as domestic movement of
goods, but their exportation from a zone to the outside world
is governed by general Export-Import Regulations.
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