Customs Income Increases in Honduras
Despite a fall in imports, with the new Automated system "Sarah", customs income rose 10% to 15%.
Wednesday, July 8, 2009
During its first months of operation, the Honduran Automated Customs Rents System (SARAH, acronym in Spanish), was criticized by exporters and customs agencies, who complained of complications and difficulties using the system.
In the first four months of 2010, the Customs Authority generated 7.6% more income than the same period of 2009.
The National Association of Honduran Customs Agents complained about the difficulties with the Honduran Automated System for Customs Income (SARAH).
Between January and August 2013 $1.135 billion was raised in VAT on imports, while in the same period in 2012 the amount was $1.137 billion.
Businesses complain that the new law will give unlimited power to tax authorities to seize companies's information.
- Daily Update
- Government Purchases
- Classified Ads
- Indexes & Statistics
- Press Releases
- Events Calendar