DUTY AND TAX CREDIT
Taxpayers may be allowed to present duly guaranteed bonds with a maturity of one to four months, for the payment of duties and taxes liquidated by the customs administration.
These bonds are not accepted when the sum to be paid for a single day is less than a minimum to be determined in each State.
They give rise to credit interest, default interest in the event of non-payment on the due date, and a special discount at the rates fixed in each State.
Bills of exchange include, independently of duties and taxes, credit interest.
The special discount is payable at the time of draft subscription.
The special discount cannot be cumulated with the discount provided for the collection credit.
REFUND OF DUTIES AND TAXES
Taxpayers who have unduly paid duties assessed by the customs department may obtain reimbursement within the limitation period provided for in article 330 of the law, provided that the undue collection was due to an error on the part of the administration and that the action for reimbursement is brought by the person who made the payment or by the person in whose name it was made.
Refunds of import duties and taxes, other than those representing a service rendered, may be granted by the customs department where it is established that, at the time of importation, the goods were defective or did not comply with the terms of the contract under which they were imported.
Reimbursement of duties and taxes is subject to the re-exportation of the goods to or on behalf of the foreign supplier.
However, where re-exportation is not economically justified, it may be replaced by destruction of the goods, with the agreement and under the supervision of the customs authorities.
The conditions of application of the law in this regards is laid down by Decisions of the UEAC Council of Ministers.
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