Agriculture Incentive - JAMPRO
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Under the Omnibus Incentives Regime, the Customs Tariff (Revision) Resolution is geared towards the productive sector, and provides for the duty-free importation of capital equipment, raw materials and other industry-related consumer goods. The key benefit is the introduction of the Productive Inputs Relief (PIR) scheme. Special categories have been created for companies in the manufacturing, agriculture, tourism and health sectors, along with companies within the creative industries.
While there is no application necessary for you to access the benefits under the Omnibus Incentives framework., an individual or entity seeking to benefit from the Productive Inputs Relief (PIR) system must first register with the respective regulating Ministry for status as a bona fide ‘Producer’. The Ministry of Agriculture and Fisheries (MOAF) is the regulating Ministry for the Agriculture sector. For more information about accessing this incentive continue to the next step of this business process guideline.