EPISODE · Jan 28, 2021 · 13 MIN
#MoneyMovesJa - SAVE UP TO 150% ON IMPORT COSTS FOR YOUR MANUFACTURING BUSINESS
from Money Media · host Kalilah Reynolds
WATCH THIS EPISODE ON YOUTUBE: https://www.youtube.com/watch?v=RQARISHNCGE If you are a manufacturer, you can save up to 150% on your inputs - those are the things that go into making your product. That's right, you may qualify for concessions and waivers from customs. Orane Thompson, Supervisor of the Jamaica Customs Agency (JCA)’s Incentive Unit, is back on another episode of #MoneyMovesJa. Items eligible for Productive Input Relief include: All raw materials - Items that have not been transformed. Intermediate goods - Goods that have been somewhat processed but are going to be further processed Consumables - Goods that are used in the production process but are not a final part of the product Packaging - Materials used to contain, protect, identify, preserve or display primary products or manufactured goods. Equipment and Machinery - All the equipment, machinery, and spare parts that you will be using IG: @customsjamaica Twitter: @jacustoms Website: https//jacustoms.gov.jm/ Email: [email protected] Phone: (876)-922-5141-9 *********** RELATED TO THIS VIDEO: #MoneyMovesJa - HOW TO GET DUTY-FREE STATUS FOR YOUR BUSINESS IMPORTS https://kalilahreynolds.com/episodes/how-to-get-duty-free-status-for-your-business-imports/ Read related article: https://kalilahreynolds.com/programmes/moneymoves/ LET’S GET THIS MONEY #letsgetthismoney Visit EXIM Bank's Business Advisory Service at: https://eximbankja.com
What this episode covers
WATCH THIS EPISODE ON YOUTUBE: https://www.youtube.com/watch?v=RQARISHNCGE If you are a manufacturer, you can save up to 150% on your inputs - those are the things that go into making your product. That's right, you may qualify for concessions and waivers from customs. Orane Thompson, Supervisor of the Jamaica Customs Agency (JCA)’s Incentive Unit, is back on another episode of #MoneyMovesJa. Items eligible for Productive Input Relief include: All raw materials - Items that have not been transformed. Intermediate goods - Goods that have been somewhat processed but are going to be further processed Consumables - Goods that are used in the production process but are not a final part of the product Packaging - Materials used to contain, protect, identify, preserve or display primary products or manufactured goods. Equipment and Machinery - All the equipment, machinery, and spare parts that you will be using IG: @customsjamaica Twitter: @jacustoms Website: https//jacustoms.gov.jm/ Email: [email protected] Phone: (876)-922-5141-9 *********** RELATED TO THIS VIDEO: #MoneyMovesJa - HOW TO GET DUTY-FREE STATUS FOR YOUR BUSINESS IMPORTS https://kalilahreynolds.com/episodes/how-to-get-duty-free-status-for-your-business-imports/ Read related article: https://kalilahreynolds.com/programmes/moneymoves/ LET’S GET THIS MONEY #letsgetthismoney Visit EXIM Bank's Business Advisory Service at: https://eximbankja.com
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#MoneyMovesJa - SAVE UP TO 150% ON IMPORT COSTS FOR YOUR MANUFACTURING BUSINESS
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