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The cost savings were derived from the reduction in the amount of licence fees, reduction in the processing time of licences and the time-savings by applicants who now do not need to travel and queue up physically and complete multiple application forms that ask for similar information. Users have given the OBLS an 80% positive feedback rating.
Singapore Customs' primary roles and functions are: collection of customs revenue; protection of customs revenue by preventing the evasion of duties and taxes; provision of one-stop service for trade and customs matters, such as issuance of permits, licenses and Certificates of Origin, and provision of classification and valuation advice;
The Ministry of Trade and Industry (MTI; Malay: Kementerian Perdagangan dan Perusahaan; Chinese: 贸工部; Tamil: வர்த்தக, தொழில் அமைச்சு) is a ministry of the government of Singapore responsible for the formulation and implementation of policies related to the development of business, trade and industry in Singapore.
When an individual or an organization ships goods across the borders, one must use other customs declaration forms, such as a commercial invoice, or a proforma invoice, an import declaration form, an ATA Carnet, or a re-export declaration. Incoterms on these forms define the shipment and customs declaration.
An import license is a document issued by a national government authorizing the importation of certain goods into its territory. Import licenses are considered to be non-tariff barriers to trade when used as a way to discriminate against another country's goods in order to protect a domestic industry from foreign competition.
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International Enterprise Singapore ( IE Singapore) was a statutory board under the Ministry of Trade and Industry of the Government of Singapore. It facilitated the growth of Singapore-based companies overseas and promoted international trade. On 1 April 2018, IE Singapore merged with SPRING Singapore to form Enterprise Singapore.
Import licenses; Customs duties; ... Singapore: 475,516 2022 ... Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may ...