wco revenue package - phase ii

13
The WCO Revenue Package Phase II Varsha Singh Leonardo Macedo

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Page 1: WCO Revenue Package - Phase II

The WCO Revenue Package Phase II

Varsha SinghLeonardo Macedo

Page 2: WCO Revenue Package - Phase II

Is Revenue Collection still a Strategic Priority for Customs Today?

Question

Page 3: WCO Revenue Package - Phase II

1. Revenue Collection •Traditional role of Customs 2.Community Protection •Public health •Drugs •Environment … 3.Security •Terrorism •Firearms… 4.Trade Facilitation •Compliant; non-compliant trader 5.Collecting trade data •Import, Export…

Responsibilities of Customs

Page 4: WCO Revenue Package - Phase II

Declining revenue - global financial crisis &falling duty rates

Collection of revenue historically cornerstone & continues to be an area of concern for Customs administration’s

Customs - protection of society and trade facilitation

Expanded role of Customs: fight against counterfeiting, counter-terrorism activities and the protection of the environment

June 2012: Phase I Revenue Package; June 2013: Phase II; June 2015

a second series of tools and materials

Background

In response, the WCO Council passed the following Resolution in June 2009: “The WCO Secretariat and Members should enhance even further the delivery of effective capacity

building, especially as a response to declining revenue collection and obstacles to trade facilitation caused by the global economic downturn”.

Page 5: WCO Revenue Package - Phase II

What has been the WCO Response?

Question

Page 6: WCO Revenue Package - Phase II

Revenue Package – Phase II

Diagnostic tools

Classification; valuation &

origin

PCA Infrastructure

Diagnostic FW; route map; self

assessment

Tech. GuidelinesAdvance rulings -

classification; origin;

valuation

Origin toolsIrregularity typology;

comparative study &

guidelines on cert. of origin

Tools for reducing revenue risks and

gapsMirror analysis

guide; undervaluation textiles/Italian

experience

Informal Trade Policies

Good practice guide; case

studiesAssist. Members – termination of private sector

inspection contract

Good practice guide; case

studies

Customs Valuation &

Transfer PricingWCO Guide; update e-

learning module; tech. discussions

- TCCV

Page 7: WCO Revenue Package - Phase II

What is the link between the Revenue Package and the TFA?

Question

Page 8: WCO Revenue Package - Phase II

Advance rulings (Art. 3) Inconsistency of

decisions RKC std 9.9 (binding

ruling) Bring about certainty

and predictability

Agreement on Trade Facilitation

Risk management (Art. 7.4) Gate keeper to risk

manager Risk management

system (skills, process, technology, information)

Move to faster release and clearance

Page 9: WCO Revenue Package - Phase II

PCA (Art. 7.5) Audit skills Appropriate

legislation Records

Agreement on Trade Facilitation

Termination of inspection contracts (Art. 10.5) End tariff classification

& customs valuation PSI

Encourage not to extend the practice

Page 10: WCO Revenue Package - Phase II

Exchange of information (Art.12.2) Specific information on imports & export WCO DM GNC Legal basis

Agreement on Trade Facilitation

Page 11: WCO Revenue Package - Phase II

If Customs administrations want to meet the provisions of the TFA and ensure revenue collection – how will they benefit?

Question

Page 12: WCO Revenue Package - Phase II

Fair & efficient revenue collection Improved compliance levels Effective risk management Facilitating compliant trade

Benefits

Page 13: WCO Revenue Package - Phase II

Discussion