The Council of Ministers has issued its decision No.
31/16/2/35099 on 18 August 2016 approving that all customs
exemptions awarded to fixed assets, which were granted pursuant to
Jordanian legislation and decisions issued thereto, be deemed
settled provided five years have lapsed from the date of issuing an
invoice or the date of issuing a customs declaration in relation to
such fixtures. Such decision shall apply on all transactions
currently being reviewed by Jordanian Customs.
The resolution reads as follows:
The Council of Ministers has reviewed the Investment Commission
letter No. 3/a/legal/8785 dated 10/4/2016, and the letter
issued by the Finance Minister/Customs No. 107/1116/33814 dated
10/7/2016, and the letter issued by the Chairman of the Legislation
and Opinion Bureau No. dt1/1/a/204 dated 9/8/2016, and in light of
the provisions of Article 8(a) of the Investment Law No. 30 of
2014, the Council of Ministers, during its session held on
17/8/2016, has