Search

Category

Gas

BELTRAIDE transitioning to ASYCUDA for Duty Exemption Processing


One of the main benefits for the investors utilizing the Fiscal Incentives Program is the duty exemption.  To be able to provide this service, BELTRAIDE needs to work hand in hand with the Belize Customs and Excise Department.  BELTRAIDE will commence training in early December 2012 to transition into using the ASYCUDA WORLD (Automated SYstems for CUstoms DAta); which is leading media software that Integrates Customs Information Systems in more than 80 countries.

ASYCUDA began with an UNCTAD initiative to reduce transaction costs throughout the trade transaction chain, with potential cost savings per annum of $100 billion worldwide. It will be used to generate statistical economic analysis, manifests and customs declarations, accounting procedures, and transit and suspense procedures.

Belize has proudly implemented the software at Punta Gorda and Big Creek since June and August 2010 respectively, Phillip Goldson International Airport since May 2011, Belize City in September 2011, Benque Viejo Customs Station since July 2012 and Santa Elena Customs Stations since August 2012.

BELTRAIDE will be providing Electronic Data Interchange (EDI) between Concession Holders and Customs. Once the due diligence of the Fiscal Incentive request is done, the System will automatically authorize or be flagged by a BELTRAIDE authorized personnel.  This should then speed up the process in getting your goods assessed by Customs within 1-3 business days given that all requirements are met.  Overall, this system will facilitate control of the import and exports in our country, Belize.

BELTRAIDE only accepts invoices for the processing of duty exemption request during this transition period.  Thereafter, invoices will need to be submitted by your customs broker who will then upload it to the ASYCUDA system for BELTRAIDE’s personnel to conduct due diligence and approve online.
Sources:

http://www.asycuda.org

http://www.customs.gov.bz/asycuda.html

http://www.customs.gov.bz/download/SAD_Process.pdf

GSR ENERGY AND BAGASSE CO-GENERATION PROJECT RECEIVES GRANT FUNDING


“GSR Energy Limited is one of the winners of the 2012 IDEAS Energy Innovation Contest for the Caribbean.  The award is in the form of a grant for the Bagasse Co-Generation Project. An excerpt from the link in regards to the contest is provided below.

After three years of self-funded effort, GSR Energy Limited’s Bagasse Co-Generation Project has received a vote of confidence from an international consortium.

In addition to grant funding, GSR Energy Limited will receive technical and business development support to implement the Sugar Cane Bio-Refinery Project which is comprised of the Bagasse Co-Generation Project fully integrated with an Ethanol Plant.

GSR Energy Limited will also receive access to other experts, policy makers, institutions and potential financial partners.”

Further details are provided in the following link:

http://iadb.org/en/topics/energy/ideas/ideas,3808.html

Source: Inter- American Development Bank: http://iadb.org/en/topics/energy/ideas/ideas,3808.html

Notice: The Belize National Standard Specification for Filling, Handling, Storage, Transportation and Location of Portable Cylinders for Liquefied Petroleum Gas.


STANDARDS ACT (NO. 4 OF 1992)

DECLARATION OF NATIONAL STANDARD AND INTENTION TO DECLARE A STANDARD TO BE A MANDATORY STANDARD

THE BELIZE BUREAU OF STANDARDS hereby declares, pursuant to Section 8 of the Standards Act (No. 4 of 1992) that as of June 28th, 2012, the following standard shall be a national standard, namely: the Belize National Standard Specification for Filling, Handling, Storage, Transportation and Location of Portable Cylinders for Liquefied Petroleum Gas.

AND NOTICE IS HEREBY GIVEN that the Minister responsible for standards and standards related matters, the Hon. Erwin Contreras, intends to declare the BELIZE NATIONAL STANDARD SPECIFICATION FOR FILLING, HANDLING, STORAGE, TRANSPORTATION AND LOCATION OF PORTABLE CYLINDERS FOR LIQUEFIED PETROLEUM GAS to be a mandatory standard with effect from the 10th of August, 2012. Continue reading “Notice: The Belize National Standard Specification for Filling, Handling, Storage, Transportation and Location of Portable Cylinders for Liquefied Petroleum Gas.”

NOTICE FROM THE BELIZE BUREAU OF STANDARDS


STANDARDS ACT  (NO. 4 OF 1992)

DECLARATION OF NATIONAL STANDARD AND INTENTION TO DECLARE A STANDARD TO BE A MANDATORY STANDARD

  1. 1.      THE BELIZE BUREAU OF STANDARDS hereby declares, pursuant to Section 8 of the Standards Act (No. 4 of 1992) that as of June 28th, 2012, the following standard shall be a national standard, namely: the Belize National Standard Specification for Liquefied Petroleum Gas (LPG).
  1. AND NOTICE IS HEREBY GIVEN that the Minister responsible for standards and standards related matters, the Hon. Erwin Contreras, intends to declare the BELIZE NATIONAL STANDARD SPECIFICATION FOR LIQUEFIED PETROLEUM GAS (LPG) to be a mandatory standard with effect from the 10th of August, 2012. Continue reading “NOTICE FROM THE BELIZE BUREAU OF STANDARDS”

Blog at WordPress.com.

Up ↑

%d bloggers like this: